Telecom Operators

As a first in Somalia, Hormuud Telecom, the country’s largest telecommunications provider, has announced the rollout of its first indigenous mobile money application, WAAFI.

Telecom Egypt and the Sudatel Telecom Group signed a memorandum of understanding (MoU) to enhance cooperation in the field of international connectivity between Egypt and Sudan.

Orange group revenues were up 0.5% in Q1 2021 thanks to the recovery of equipment sales and an excellent performance in fixed broadband and IT and Integration services.

According to MTN Group CEO Ralph Mupita, MTN Group is targeting a valuation of its mobile-money arm at about $5-billion, and will consider a listing of the division, joining African wireless carriers trying to monetize a service that is particularly popular on the continent.

MTN Rwandacell Plc (MTN Rwanda) has announced that it will list on the Rwanda Stock Exchange (RSE) on 4 May 2021.  

Mastercard Inc is ready to invest $100 million in Airtel Africa’s mobile money operations valuing the business at $2.65 billion, the London-listed company said.

Millicom International Cellular S.A. (“Millicom”) announces that it has signed agreements for the sale of its operations in Tanzania and for its stake in the AirtelTigo joint venture in Ghana. Once closed, the transactions will complete Millicom’s multi-year plan to divest its African operations and focus on its Latin America markets.

Having recently secured spectrum on the 800 MHz band, MTN Zambia expects migrating 274 sites which will lead to enhanced quality of experience for customers “through improved indoor coverage and network capacity,” according to the company’s statement.

Safaricom has partnered with Nakuru County to improve health services for over 100,000 people through an integrated electronic medical records program named Afya Moja.

MTN is proud to announce that National Treasury RT15 bid evaluation committee has appointed MTN South Africa as a service provider to government, through its new mobile communication services contract, known as RT15-2021. The RT15 2021 Transversal contract allows all entities of state to utilise the contract for mobile communication services, which will further assist with cost containment.