MTN Group is set to acquire 5,709 new towers from IHS Towers in South Africa for $412 million, as the operator seeks a shift in its focus into strategic initiatives including around securing spectrum.
MTN Group announced a solid set of third quarter operating results, plans for a public offer of shares in MTN Nigeria, progress in finalizing a passive infrastructure deal for MTN South Africa as well as in our work to create shared value across our 20 markets, with ESG at the core.
Vodacom has announced plans to inject billions to boost its South African network in the current financial year. During the release of the group's financial results for the six months ended September, chief executive Shameel Joosub said the capex injection was on top of the R47 bn the company had spent over the past five years in the domestic market.
Telkom Kenya has partnered with Ericsson and NEC XON to expand the companies’ 4G mobile network. Telkom aims to invest nearly $100 million to deploy 2,000 telecom sites across the country by 2023.
Telecom Egypt (TE) shared its Q3 2021 results with the nine-month consolidated revenue reaching EGP 26.4bn, climbing 18% YoY. The growth was mainly driven by higher data revenue, which made up 66% of top-line growth.
Oracle and Orange announced that they have signed a collaboration agreement as part of a joint plan to accelerate cloud-led digital transformation in West Africa.
Vodafone Group has agreed to transfer its 55% shareholding in Vodafone Egypt to Vodacom, its sub-Saharan African subsidiary. This transfer simplifies the management of Vodafone’s African holdings and further strengthens the delivery of connectivity and financial services in Africa.
Egyptian Minister of communications and information technology, Amr Talaat, oversaw the renewal of the IoT partnership between Telecom Egypt and Nokia, to deploy the country’s first IoT infrastructure through Nokia’s global network WING (Worldwide IoT Network Grid).
During the 25th Cairo ICT 2021, held under the slogan "The Digital Challenge" at Egypt International Exhibition Center, Orange’s participation has been felt thanks to its wide presentation of its latest advanced technologies and smart and digital solutions to meet service providers’ various needs across different sectors while supporting the state’s digital transformation strategy towards Egypt’s Vision for 2030.
MTN Group have been recognized as the leading African company on the recently revealed World’s Best Employers 2021 list.