Orange announced that it has completed the acquisition of 100% of Basefarm through its enterprise subsidiary Orange Business Services following the approbation of the relevant competition authorities.
Soon Ethiopians will be able to experience the popular M-Pesa mobile payment service offered by Safaricom in Kenya. According to Reuters, negotiations with local authorities reached advanced stages.
Telecom Egypt and Etisalat Misr have formally announced they have signed a memorandum of understanding (MoU) to provide the latter with virtual fixed voice services. The agreement, which represents the first of its kind in the Egyptian market, covers all the basic terms that shall allow both companies to formalize a commercial agreement in due course. Under this MoU, Telecom Egypt through its nationwide fixed network will enable Etisalat Misr to provide its customers with fixed voice services.
Telecom Egypt and Etisalat Misr announced the signing of an amendment of the national roaming agreement sealed in June 2017. The amendment provides better financial and service quality terms availing improved commercial conditions for Telecom Egypt. The latter is a result of the development of the volume of Telecom Egypt's data traffic.
Bharti Airtel, a leading global telecom services provider, and Telecom Egypt, Egypt’s first integrated telecom operator, announced a strategic partnership, wherein, Airtel will get IRUs (Indefeasible Right of Use) on Middle East North Africa Submarine Cable (MENA Cable) and TE North Cable Systems. In addition, Airtel will also take large capacities on a long-term basis on two new state-of-the-art Cable Systems (SMW5 & AAE1). The transactions aim to be concluded after the fulfillment of all conditions precedents.
Telecom Egypt and Orange Egypt announced the signing of a renewal of the international telecom services agreement, which was signed in January 2015 for a period of four years. The new agreement will end in December 2022 and is expected to contribute cEGP 4bn to Telecom Egypt's top-line over the tenure of the agreement. It will also enable Orange Egypt to continue providing the best offers and international services to its customers.
Teleology Holdings, chosen on February 2018 to acquire 9mobile, was initially given until July 25th to pay 251 million dollars and finalize the acquisition operation after it as already paid a non-reimbursable deposit of 50 million dollars last March. However, the deadline was extended because the company hadn’t received yet the legal approval of Nigeria’s Communications Commission (NCC) and other authorities.
Vodafone and Tunisie Telecom jointly announced a new Partner Market agreement for Tunisia. This will be Vodafone’s first partnership of its kind in North Africa.
Leading pan-African telecoms group, Liquid Telecom, and Telecom Egypt, Egypt's first integrated telecom operator, announced at the 2018 Annual Meetings of the African Export-Import Bank (Afreximbank) the signing of a Memorandum of Understanding (MoU) that will enable Liquid Telecom to shortly complete Africa's terrestrial fiber network stretching all the way from Cape Town, South Africa, to Cairo, Egypt.
Sudatel announced plans to deploy ultra-broadband network across Sudan. With the cooperation of Nokia, trials will launch in Khartoum first to test the vendor’s 4.5G Pro, 4.9G and 5G mobile technologies in addition to its fixed FTTH portfolio aiming to uphold the mobile and residential broadband experience in the country.
