Namibia is celebrating the launch of the Equiano undersea cable, which positions the Southern African nation to become a regional hub for information and communication technology (ICT).
Telecom Operators
Telkom Reports Revenue Surge Amid Strategic Investments and Operational Improvements
Telkom, the JSE-listed telecommunications firm, has reported a 1.6% increase in group revenue, reaching R43 billion. CEO Serame Taukobong announced the company's annual financial results for the year ending 31 March, highlighting strong operational performance and improved financial outcomes despite South Africa's challenging economic environment.
Ethio Telecom Has Announced a 22% Increase in Revenue and a 21% Growth in Profit
Ethio Telecom, Ethiopia's state-owned telecommunications company, has announced impressive financial results for the fiscal year ending in June, showcasing significant growth. According to CEO Frehiwot Tamiru, the company reported a 22% increase in revenue, reaching 93.7 billion birr ($1.63 billion), and a 21% rise in net profit, totaling 21.79 billion birr.
Ethio Telecom and Finnish Delegation Discuss Digital Transformation and Infrastructure Expansion
A senior Finnish delegation, led by the Minister of Foreign Trade and Development, Honorable Ville Tavio, and the Finnish Ambassador to Ethiopia, Honorable Sinikka Antila, along with leaders from Nokia's Middle East and Africa division, met with Ethio Telecom's CEO, Frehiwot Tamru, and senior executives.
Maroc Telecom Hit with $630M Fine
The Moroccan appeals court has upheld a consequential ruling requiring Maroc Telecom to pay 6.3 billion dirhams ($630 million) in compensation to its competitor Wana Corporate, known as Inwi, for alleged unfair competition practices.
Etisalat Egypt by e& Partners with Huawei to Drive Growth and Innovation
Etisalat Egypt by e& is proud to announce its recent partnership with Huawei, aimed at enhancing collaboration and unlocking new growth opportunities. This strategic alliance will focus on key areas such as customer experience management, operational excellence, digital transformation, and B2B services.
Safaricom Ethiopia Expands Network to Bridge Digital Divide in Southwestern Oromia
Safaricom Ethiopia is focused on significantly enhancing connectivity in the Southwestern Oromia region. The company's CEO recently embarked on a tour of key towns, including Jimma and Agaro, to personally oversee the rollout of the network expansion and to strategize for future developments in the area.
Sparkle and Telecom Namibia Partner to Boost Namibia’s Digital Connectivity
Sparkle, the first international service provider in Italy and among the top global operators, and Telecom Namibia, the national telecommunications operator, have signed an agreement for provision of capacity services on the Equiano subsea cable connecting Portugal to South Africa, with the common objective of accelerating Namibia's digital transformation journey.
Vodacom Increases Investment in South African Regions
Vodacom announced it will increase investment into the Free State and Northern Cape provinces in South Africa, a move to boost capacity and resilience particularly in rural areas.
Safaricom Ethiopia Begins Network Expansion in Tigray
Safaricom Telecommunications Ethiopia announced the launch of commercial operations in the conflict-affected Tigray region, beginning the construction of a 4G network that can be upgraded to 5G.