Six of the world’s leading telcos announced the creation of Alaian, an alliance to connect the open innovation ecosystems of these leading global telcos to reach 50 countries and 700 million customers.
The central bank of Nigeria has granted the final approval for the establishment of Momo Payment Service Bank (Momo PSB). The date of commencement will be communicated to the CBN in accordance with its requirements.
MTN Ghana and Vodafone Ghana announced significant progress in the bid to implement a national roaming service in Ghana amongst operators. In this regard, MTN Ghana and Vodafone Ghana have entered a strategic partnership to pilot national roaming in the Volta Region as a first step to a broader nationwide national roaming partnership. This agreement will see Vodafone Ghana expand coverage of its network by leveraging MTN’s network infrastructure in this pilot phase.
Millicom International Cellular S.A. stated that it has completed the transaction announced on April 19, 2021 for the sale of its operation in Tanzania to a consortium led by Axian, a pan-African group. In accordance with the terms of the sale, Axian has assumed ownership of the business, including its debt and other obligations, and Millicom has received net cash consideration of approximately $100 million. The transaction completes Millicom’s multi-year plan to divest its African operations and associated obligations and liabilities and to focus on its Latin America markets.
Ethio telecom signed a three-year contractual agreement with five virtual internet service partners namely WebSprix IT Solutions PLC, VIVATECH Trading PLC, Zergaw ISP, Skynet IT Solution PLC and Dulle Business Group. Based on the contractual agreement, new partners will exclusively provide fixed broadband internet service and are believed to broadly availing the service accessible to customers at large and contributing to the overall efforts of the nation in realizing the digital transformation strategy.
MTN Group welcomes the moody’s investor services upgrade to its credit rating outlook to “stable” from “negative”, in line with its rerating of the South African sovereign and to reflect MTN’s strong financial performance and reduced leverage.
An expansion drive into rural and peri-urban areas and a major 5G rollout are among the key benefits for consumers as MTN invests R749 million into the Western Cape this year.
Vodacom South Africa managing director, Balesh Sharma, has decided to leave the Vodafone and Vodacom Groups after a two decades long career to pursue an external opportunity in Europe, with effect from 30 June 2022.
Tunisie Telecom, BSA telecommunication and COMATEL announced the signing of an exclusive agreement with TELECEL Group for the sale of 100% of the shares of Mauritano-Tunisienne des Télécommunications (Mattel).
Mozambique Telecom, which operates under Tmcel, known as the third leading telecom operator in the national market, will deploy its 5G mobile network in the next few months with the technical expertise of Huawei.
