Tag Archives: telecoms

telecoms: Latest News

  • South Africa May Be First African Country To Host ITU Telecom World In 2018

    ITU Telecom World - South African telecoms minister Siyabonga Cwele celebrates at ITU Telecom World 2017 in South Korea. Photo - Twitter By Peter Pedroncelli, 5:45 am

    South Africa may host the 2018 ITU Telecom World, the International Telecommunication Union’s (ITU) annual telecommunications and ICT industry event. The potential for South Africa to host was made known at the 2017 ITU Telecom World in South Korea, with the 2018 telecom conference set to be the first time an African country has hosted the International Telecommunication Union’s prestigious event, subject to the conclusion of contractual arrangements.

  • 10 Challenges For Mobile Operators In Sub-Saharan Africa To Negotiate

    Mobile operators - Africa set to be the fastest growing mobile userbase in the coming years. Photo - Answers Africa By Peter Pedroncelli, 1:03 pm AFKI Original

    Mobile operators in sub-Saharan Africa have a unique set of challenges that they face in the region, but if they manage to overcome these obstacles, success awaits. Sub-Saharan Africa is home to many mobile operators who have dominated their markets, from Vodacom in South Africa to Safaricom in Kenya, but that dominance has not come easy. Now a fresh set of issues stand in the way of further success on the continent.

  • Vodacom Finalizes $2.6B Safaricom Share Acquisition Deal

    share acquisition - 160232989 Vodacom billboard in Johannesburg. Photo: Nadine Hutton/Bloomberg/Getty By Peter Pedroncelli, 6:02 am

    Vodacom’s $2.6 billion share acquisition of Safaricom has now been finalized, with the South African company now owning a 35 percent stake in the Kenyan telecommunications and mobile operator. Vodacom has announced that all regulatory approvals and conditions related to both Kenya and South Africa have now been met, concluding the deal.

  • Vodacom Shareholders Vote In Favor Of Safaricom Majority Share Acquisition

    share acquisition - 160232989 Vodacom billboard in Johannesburg. Photo: Nadine Hutton/Bloomberg/Getty By Peter Pedroncelli, 5:14 am

    SA telecommunications giant Vodacom’s minority shareholders voted in favor of plans to acquire a majority share in Kenya’s largest company, Safaricom. The shareholders voted at the telecoms company’s annual general meeting, with 99.59 percent voting in support of the resolution, while only 0.40 percent were against the acquisition. In May Vodacom proposed the purchase of a 34.94 percent indirect stake set to be bought from the Kenyan government.

  • Safaricom Looks To The Future, Invests In Telecommunications Lab

    Telecommunications Lab By Tom Jackson, 6:25 pm AFKI Original

    Safaricom is future-proofing its business with innovative new products and an investment in a telecommunications lab, which will streamline innovation and testing at the Kenyan telecoms giant. It has been 10 years since Safaricom launched the M-Pesa mobile money service that is widely attributed to being the catalyst for Africa’s fintech ecosystem and having played a huge part in establishing the company as a market leader.

  • What It’s Like For Startups To Partner With Mobile Operators In Emerging Markets

    Agritech challenge - Entrepreneurs use digital technology to increase farm productivity By Tom Jackson, 3:26 pm AFKI Original

    Startups innovate much faster than mobile operators but they lack the wide reach — and customers — that more established companies have. Mobile operators and startups in emerging markets should work together because collaboration could be mutually beneficial, according to a new GSMA report — “Opening Doors: A Start-Up’s Guide to Working With Mobile Operators in Emerging Markets.” Some mobile operators are openly listing their API documentation and integration processes, and are willing to listen to startup founders.

  • Vodacom Making Moves In East Africa, Acquires Majority Stake In Safaricom

    Vodacom is set to undergo a rebranding with the digital future in mind. Image: enca.com By Peter Pedroncelli, 4:39 am

    South African telecommunications giant Vodacom is in the process of acquiring a majority stake in Kenya’s largest company and major East African telecoms firm, Safaricom. The announcement was made on Monday, with a proposed 34.94 percent indirect stake set to be bought from the Kenyan government. The stake is worth 284 billion Kenyan shillings or around $2.76 billion, based on Safaricom’s current share price on the Nairobi Securities Exchange.

  • 2016 Was A Bad Year For Private Equity In Africa. Commodities Prices Could Turn That Around

    bad year for private equity in Africa By Staff, 12:01 am

    The fall in African private equity investment in 2016 could be a short-term blip. Among the losers was US-based Carlyle, one of the world’s winningest investment firms. Carlyle invested $147m in Nigeria’s Diamond Bank in 2014. The bank’s market cap fell by 90% over the subsequent two years. Bob Geldof’s PE firm 8 Miles just invested in Blue Skies, a British fruit firm that operates in Africa. Utilities including telecoms were the most popular target for private equity investment in 2016. West Africa was the most active region.

  • Facebook Plans To Get More Africans Online With Fiber Optic Cable

    Facebook fiber optic cables Uganda By Dana Sanchez, 11:11 am

    Facebook wants to connect everyone in the world with its social network, but that’s hard to do if the world doesn’t have internet access. Facebook, Google, and Microsoft are building their own networking infrastructure on land and across the seas rather than just leasing bandwidth connections operated by telecoms. In doing so they’re assuming a role traditionally played by telecom companies. Facebook has announced plans to lay nearly 500 miles of fiber cable in Uganda by the end of the year, infrastructure it believes will provide internet access for more than 3 million people.

  • No. 1 Indian Mobile Operator Airtel May Sell Stakes In 15 African Countries

    Airtel may sell stakes in 15 African countries By Dana Sanchez, 10:32 am

    Faced with an escalating price war at home in India, Bharti Airtel is looking to its African operations to reduce debt. India is one of the most competitive telecom markets in the world. The company lost $91 million in Africa in Q3 of 2016. Airtel has 22.14 percent market share in Nigeria and 34.1 million customers. Market observers in Nigeria say lack of access to foreign exchange for operators, falling revenue per user and customers’ lack of disposable income are hurting telecom operators in the country.

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