Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cable operators in the region, announced that the company newly acquired the first Tier III Certification of operational sustainability GOLD in Africa, a designation that ensures Telecom Egypt’s customers will receive the highest levels of availability, technical resiliency and effective and efficient operations.

Read more: Telecom Egypt Acquires GOLD Certification

MTN Nigeria Communications Plc has announced audited financial results for the fiscal year ended December 31, 2022. Mobile subscribers increased by 10.5% to 75.6 million, adding 7.2 million subscribers. Active data subscribers increased by 15.3% to 39.5 million. Active fintech subscribers rose by 57.5% to 14.9 million, with 2.0 million active mobile money (MoMo) wallets since the launch of PSB. Also, service revenue was up by 21.5% to N2.0 trillion.

Read more: MTN Nigeria Releases Strong Results for Financial Year 2022

2Africa, the world’s largest subsea cable, now reaches South Africa’s Eastern Cape, providing international connectivity for faster, more reliable internet services and local job creation. Most people are unaware that subsea cables carry the vast majority of the world’s intercontinental data, powering the internet. They are integral to countries’ abilities to modernize, digitize and grow their economies.  

Read more: Vodacom Launches 2Africa in South Africa

With the help of its technical partners, American Tower Corporation (ATC) and Ubuntu, telecom operator Airtel Uganda inaugurated 29 new 4G telecom towers last week. With these, the company will improve both the network coverage and the quality of services offered to its customers.

Read more: Airtel: Installment of Various 4G Telecommunications Towers Begins in Uganda

As per the quarterly announcement of the trading update of Vodacom Group Limited, the Group revenue increased 14.8% (4.7%) to R30.7 billion, positively impacted by the acquisition of Vodafone Egypt and rand depreciation against our basket of international currencies. In addition, Group service revenue was up 16.1%, with normalized growth of 3.5%, supported by growth in data revenue and financial services.

Read more: Vodacom Group Limited Quarterly Trading Update

New year, new financial resolutions. In partnership with NBE and Fawry, Orange Egypt is launching Orange Cash, a digital service designed to easily pay, receive and transfer money from and to any e-wallet, buy movie tickets, make donations and manage all the money, anytime, anywhere. According to Orange Egypt, this service will enable the customer to pay instantly through a list of merchants by scanning Meeza QR codes in stores or online merchants with a payment link. Most anyone with a cell phone will be able to use it.

Read more: Orange Cash: Easily Pay for Everything

MTN Group President and CEO Ralph Mupita has called for the modernization and harmonization of regulatory frameworks across Africa as well as the collective effort of all stakeholders to ensure that the continent can deliver universal broadband coverage by 2030. “The regulatory frameworks for Africa’s telecommunications industry do not reflect our current advancement. They are still positioned for the era of voice,” said Mupita at the Africa Prosperity Dialogue held at Peduase in the Eastern Region of Ghana.

Read more: Regulatory Frameworks in Africa: A Priority for MTN

Research shows that MTN was the best mobile network in South Africa for 2022. While the country had an average mobile download speed of 49.19 Mbps (and an average upload speed of 14.15 Mbps) last year, MTN had the highest average download speed at 68.84 Mbps, followed by Vodacom at 48.58 Mbps, Telkom at 28.54 Mbps, Cell C at 23.41 Mbps and Rain at 15.14 Mbps.

Read more: MTN Named Best Mobile Network in South Africa for 2022

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