Africa's largest provider MTN became the first telecommunications firm to launch a mobile money operation in Nigeria, a move opening up transfers to millions of people without bank accounts.
Nigeria’s internetwork connectivity was lately affected by financial and regulatory issues which forced the Nigerian Communications Commission (NCC) to step up.
Mauritius Prime Minister, Honourable Pravind Jugnauth, has launched the Indian Ocean island nation’s first national mobile payment solution in capital city Port Louis. Based on the proven Tap & Go mobile payment service in Hong Kong, Mauritius Telecom’s my.t money is a mobile payment solution provided by PCCW Global, the international operating division of HKT, Hong Kong’s premier telecommunications provider.
In its trading update for the quarter ending in 30 June 2019, Vodafone Group announced a revenue of €10.7 billion, down by €0.2 billion due to foreign exchange rate effects. Sequential progress was registered in Europe, with service revenues -1.7% as market conditions continued to improve in Italy and retail growth in Germany remained robust, offsetting the impact of competitor promotions in Spain. The other regions of the world grew 5.3% as the impact of regulation introduced in March in South Africa was offset by strong growth ahead of inflation in other markets.
South Korean telco KT has launched a high-quality health app to prevent epidemics in Ghana. The app called Global Epidemic Prevention Platform, or GEPP will alert Ghanaians of areas affected by epidemics such as Ebola and connect them to nearby clinics.
MTN Nigeria Communications Plc is one of Africa’s largest providers of communications services, connecting over 61 million people in communities across the country with each other and the world.
After the Nigerian government approved last year to allow telecom companies to offer banking services, MTN Nigeria Communications PLC, subsidiary of MTN, announced it was able to get green light from Nigeria’s central bank to offer financial services.
Realizing the importance of SD-WAN and NB-IoT technologies, MTN is set to develop SD-WAN networks and deploy thousands of sites to harness NB-IoT in South Africa. This project is part of MTN’s investment plan aiming at building South Africa’s network and establishing strong foundations to launch new solutions.
Telecom Egypt announced its Q2 2019 results ending 30 June 2019. The operator registered revenue growth coupled with implementation of successful cost initiatives.
For the purpose of offering the best services that address their customers’ needs and serve their interest, Telecom Egypt and Etisalat Misr signed four agreements to provide virtual fixed voice and bitstream services to the Egyptian market.
