Tag Archives: telecoms
telecoms: Latest News
Tom Jackson, 11:17 am AFKI Original
The year 2017 was, quite frankly, an exceptional one for Kenyan mobile operator Safaricom, but the same cannot be said for competitor, Airtel. Safaricom ended the year in as dominant a position as ever in the East African country, with 72 percent of market share, putting it far ahead of nearest challenger Airtel, which stands on less than 15 percent. Safaricom continued to expand into new areas, building out its taxi-hailng app Little and launching e-commerce platform – Masoko.
Peter Pedroncelli, 3:20 am
The Algerian Space Agency has launched a telecoms satellite into space in cooperation with China. This follows the successful launch of Alcomsat-1 by China Great Wall Industry Corporation (CGWIC) aboard a Long March 3B rocket. Primarily designed for telecommunications purposes, the Alcomsat-1 satellite will support television broadcasting and provide broadband communications for remote education, e-government, and other services.
Tom Jackson, 1:24 am AFKI Original
Africa’s telecoms market is in a state of flux, with some operators seeing huge potential and opportunity while others are concerned with the challenges they face. Trends are being set by both those aiming to expand investment in telecommunications across the continent, and those moving away from the telecoms playing field. Orange and Viettel are making big investment moves, while the likes of Tunisie Telecom and Airtel are retreating from Africa.
Peter Pedroncelli, 8:13 am
French telecommunications giant Orange has begun construction on the site that will become their new African headquarters in Ivory Coast. The West African country was selected for the company’s new base of operations on the continent, which will cost around $50.4 million once completed. Orange is a major mobile operator across Africa, with customers present in 19 countries on the continent, including Cameroon, Ivory Coast, Egypt, Morocco, Senegal and Mauritius.
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.
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.
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.
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.
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.
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.
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