The Regulatory Authority of Mauritania (ARE) has issued a call for tenders to award a new operator a global license (2G / 3G / 4G).
Telecom Operators
Telecom Egypt announces acquisition of MENA Cable
Telecom Egypt announces the conclusion of the acquisition of Middle East and North Africa Submarine Cable (MENA Cable) from Orascom Investment Holding (OIH) through its subsidiary Egyptian International Submarine Cable Company (EISCC). As previously announced, the total enterprise value of MENA Cable is USD 90mn of which USD 40mn represents the equity value of MENA Cable and the remainder its outstanding debt. EFG Hermes acted as the brokerage company for executing the transaction on Telecom Egypt’s side.
Zimbabwe resorts to privatization of telcos as part of state reform
Zimbabwe has disclosed plans to fast-track the privatization of telecom firms, namely NetOne and TelOne, in a move to cut state funding to parastatal entities.
Orange Business Services aims to become global leader in multi-cloud services
Following the acquisition of Basefarm in August and increase of its cloud revenues by 18% in the 1st half of 2018, Orange Business Services is pressing ahead with its growth strategy for the cloud computing market. Its target is to become a global leader in multi-cloud services.
Telecom Egypt formalizes global submarine cable systems deal with Bharti Airtel
Telecom Egypt announced that it has signed an agreement with Bharti Airtel to formalize its strategic partnership. The agreement grants Airtel IRUs (Indefeasible Right of Use) on Middle East North Africa Submarine Cable “MENA Cable” and TE North Cable Systems. Additionally, Airtel will take large capacities on a long-term basis on two new cable systems (SMW5 & AAE1).
Tigo set to outpace competitors with the launch of 4G+
With the launch of its 4G+ network, Tigo, subsidiary of Millicom International Cellular (MIC), aims to outpace leading telecom operator in Tanzania Vodacom.
Kenyan operator triples 4G sites to meet customers’ demands
Telkom Kenya rolled out 200 new 4G sites in Nairobi and its neighborhoods in order to satisfy customers’ growing demand for high-speed data, thus, raising the total number of 4G sites to 300 in the city. This addition is accompanied by larger network expansion and densification program in the country that aims to boost Telkom’s capacity in handling mobile data traffic.
Tough financial measures question MTN’s presence in Nigeria
Nigeria's decision to order South African telecoms giant MTN to repay billions of dollars that it had allegedly illegally repatriated over a period of eight years could sour investor sentiment towards the country as it still struggles to recover from a deep recession two years ago, analysts say.
Etisalat Misr and Ericsson launch Egypt’s first VoLTE services
Etisalat Misr, in collaboration with Ericsson is set to unveil a new era of mobile voice communications with the launching of Voice Over LTE (VoLTE) services in Egypt.
First 5G launch in Africa announced
Lesotho has started experiencing the very first superfast broadband network in Africa. In fact, according to Reuters, mobile operator Vodacom has launched its 5G across the country. With this mobile technology, consumers will be able to receive quality services very much similar to that offered by fiber optics.