SES made public its financial results for the first six months of 2022, announcing revenues of €899 million (+2.8% YoY as reported) and adjusted EBITDA of €545 million (flat YoY as reported). Adjusted Net Profit improved by 11% YoY to €168 million, while leverage reduced to 3.0 times.
French satellite operator Eutelsat and British counterpart OneWeb have been in talks for a possible tie-up to become a global champion in broadband internet, rivaling US operators such as SpaceX's Starlink.
The Nigerian Federal Government is considering imposing a 5% excise duty on telecommunications services provided in the country, including calls, SMS and data services. Zainab Ahmed, Minister of Finance and National Planning, made the disclosure at a stakeholder forum organized by the Nigerian Communications Commission (NCC) in Abuja.
South Africans will pay $89M for digital content and services this year through Direct Carrier Billing (DCB). This figure will register a YoY growth rate of 16% over the next four years to reach $159M in 2026, according to the analysis “DCB Evolution and Trends 2022-2026” carried out by Telecoming, a company specialized since 2008 in monetization technology for sport and entertainment.
The Secretariat for the Common Market for Eastern and Southern Africa (COMESA) and the African Development Bank have launched phase one of the Africa Cloud Ecosystem Project, to be financed with a $550,000 grant from the NEPAD Infrastructure Project Preparation Facility Special Fund (NEPAD-IPPF) to support the market analysis and pre-investment study for the project.
The Communications Regulatory Authority of Namibia (CRAN) is reassuring people of the benefits of SIM card registration. A mandatory registration is expected to help the country combat cybercrime and improve its effective regulation of the national technology landscape, according to Emilia Nghikembua, CRAN's Director General.
Elon Musk stated in a Twitter post that U.S SpaceX’s Starlink satellite internet network will officially launch operations in Nigeria next August.
The Bank of Mozambique announced the integration of the three mobile wallets available in the country: Vodacom's M-Pesa, Tmcel's mKesh and Movitel's e-Mola. A partnership agreement has been signed by the three telecom operators to allow customers of these platforms to “conveniently and securely transfer and receive money between themselves".
Nairobian technology sector players have launched a “Digital Talent Program” that aims to develop digital skills in the market by taking a sustainable approach to create a healthy digital talent pipeline.
Members of Parliament have urged telecommunication service providers to adopt more friendly data and voice bundles. This will ensure reliable and affordable communication services of good quality, and further Information Communication Technology (ICT) penetration as a key driver of economic growth.