MTN Group's Chairman, Mcebisi Jonas, emphasized MTN's commitment to expanding its presence and operations in Nigeria during a meeting with Nigeria's President, Bola Ahmed Tinubu. Executives from MTN Group expressed their dedication to investing US$3.5 billion in their Nigerian operations over the next five years. This substantial investment underscores MTN's determination to contribute to Nigeria's growth and development.
AirtelTigo, a telecommunications company based in Ghana, has revealed its new brand name, "AT," and will operate under this new identity going forward. This rebranding effort encompasses all of the telecom operator's sub-brands, namely AT Money, AT Business, AT Premier and AT Insurance. Additionally, the change will be reflected in all future communications, marketing materials and branding initiatives undertaken by the company.
The M-PESA Super App Partners' Forum was recently hosted, creating an atmosphere of excitement and enthusiasm under the theme “Collaborating to build a tech ecosystem.”
During recent discussions regarding Airtel Kenya's plans for 5G rollout and expanding its telecoms network, Segun Ogunsanya, Group CEO of Airtel Africa, announced that the company intends to list its Kenyan subsidiary on the Nairobi Stock Exchange (NSE) to comply with existing regulations. The Kenyan government, under the Information and Communication Technology Sector Policy 2020, implemented a requirement stating that only companies with a minimum of 30% Kenyan capital can offer ICT services in the country.
Safaricom intends to establish two venture capital firms to expand its presence in Kenya's tech start-up sector and support its future growth. These new entities will be responsible for identifying and nurturing start-ups, as well as investing in scale-ups.
Safaricom Telecommunications Ethiopia PLC announced that Anwar Soussa, the executive officer of the company, will be leaving the business effective July 31, 2023, as his secondment comes to an end.
inwi has selected Subex, a leading telecom analytics solutions provider, for a five-year contract to upgrade its current Revenue Assurance and Fraud Management (RAFM) system to the advanced HyperSense Business Assurance and Fraud Management platform. The contract also includes Managed Services support to ensure smooth implementation and ongoing operational support.
Cell C, a South African telecommunications company, appointed Jorge Mendes as its new Chief Executive Officer, starting on July 1, 2023. Mendes is expected to steer the mobile operator towards achieving remarkable growth and profitability in the coming years.
Wim Vanhelleputte, the former head of MTN Uganda, has been appointed as the CEO of Safaricom's Ethiopian unit. His appointment will take effect in September 2023, replacing Anwar Soussa, who has held the position for the past two years.
QCell, a Gambian mobile operator, has recently introduced the first commercial 5G service in The Gambia. Initially available in select areas of the capital city, Banjul, QCell's 5G network promises download speeds up to 100 times faster than 4G. However, the company advises users that this increased speed may result in data packages being consumed more quickly.
