MTN Nigeria to restore profitability
03 May 2024
MTN has revealed its strategy to restore profitability in its Nigerian unit which includes raising tariff prices, after being hit by a sharp devaluation in the local currency.
“Continued elevated inflation and unpredictable foreign exchange rates remain significant challenges for the businesses.
Find out more Blue Label Telecoms authorised to take over Cell C, subject to conditions
02 May 2024
The Competition Commission of South Africa (CCSA) has authorised Blue Label Telecoms to take control of Cell C, subject to certain conditions.
“The Commission recommended to the Competition Court to approve the transaction subject to conditions aimed at mitigating problems linked to the exchange of information and conditions guaranteeing the continued use of certain communication channels, distribution of prepaid airtime for a certain period, after the transaction,” said CCSA in a release.
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NuRAN Wireless gains $5 million loan for renewable energy
01 May 2024
NuRAN Wireless has obtained a $5 million loan from Facility for Energy Inclusion (FEI) to finance the construction of renewable energy infrastructure for the company's mobile networks in Africa. They will also be used to deploy new telecoms sites on the continent, particularly in Cameroon and the Democratic Republic of Congo (DRC).
“This facility will allow us to execute our 2024 construction plan and achieve significant milestones by the end of the calendar year,” said Francis Letourneau, CEO of NuRAN Wireless Inc.
Find out more Liquid expands public WiFi network in Kampala
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16 April 2024
Liquid Intelligent Technologies (Liquid), a business of Cassava Technologies, has partnered with ATC Uganda to expand Liquid’s public WiFi network to 320 hotspots across the city.
The partnership aims to provide convenient and high-speed internet access to users in Kampala, enhancing their online experience and connectivity, without the need for data contracts.
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