Telecom Egypt, owned by the government of Egypt with a share of 80%, announced changes in its Board of Directors by a decree from the Egyptian Prime Minister with immediate effect and for the remaining period of Board of Directors. The Board of Directors appointed Eng. Adel Hamed as the new Managing Director and Chief Executive Officer.
Leading pan-African telecoms group Liquid Telecom has appointed Mohamed Abdel Bassit as its new Regional CEO for Middle East and West Africa (MEWA), effective January 1, 2019.
Hélène Auriol Potier has been appointed Executive Vice President, International at Orange Business Services. She joins Orange from Microsoft where she spent 10 years, most recently as General Manager, Artificial Intelligence, Western Europe.
Safaricom announced the launch of a new service to its Mobile Money service, M-Pesa, which allows subscribers to obtain a bank overdraft directly from their mobile phone. The service is known under the name of Fuliza and it authorizes users to borrow an amount reaching 50,000 shillings ($ 490.71) with a 0.5% interest per day.
At a 5G launch event in Beijing that doubled up as a pre-briefing for the MWC Barcelona 2019, Huawei officially launched its 5G multi-mode chipset Balong 5000 – along with the first commercial 5G device powered by it, the Huawei 5G CPE Pro. Together, these two new products provide the world's fastest wireless connections for your smartphone, your home, the office, and on the go.
The Cairo Regional Centre for International Commercial Arbitration has delivered its verdict in the case between mobile operators Vodafone Egypt and Etisalat Misr, that has been going for the past three years, on interconnection rates.
Etisalat today received ‘The Most Valuable Portfolio Brand’ in Middle East and North Africa (MENA) by Brand Finance as recognition for the company’s impressive portfolio of brands becoming the first Middle East group to break the $10 billion barrier in terms of wider portfolio value.
Ethiopian operator Ethio Telecom, is planning to acquire a communication satellite. The telecom infrastructure that will allow the company to extend its network coverage to the most remote areas of the country, will also guarantee savings on the costs of using foreign equipment.
According to sources, India’s Bharti Airtel is in talks to buy Telkom Kenya, the smallest telecoms operator in East Africa, aiming to create a stronger competitor to market leader Safaricom.
Teleology Holdings, the new owners of 9mobile, have decided to withdraw from further participation in the 9mobile project, expressing its dissatisfaction with the situation and business relationship with local partner, claimed Adrian Woods, founder of Teleology Holdings, who has resigned from 9mobile’s board.
