New cable proposed between Africa, Asia and Indian Ocean countries
03 May 2024
Mauritius Telecom (Mauritius), Orange and Reliance Jio Infocomm (India) have initiated discussions with a view to installing a submarine fibre optic cable called T4 which will connect Africa, Asia, and the Indian Ocean countries.
The T4 cable will replace the South Africa Far East (SAFE) cable which will reach the end of its life in 2027. The cost of the project is estimated between $150-200 million.
Find out more 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.
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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 Benin hits 8.5 million unique mobile subscribers
24 April 2024
The number of unique subscribers to mobile telephone services in Benin was 8.5 million hit on 31 December 2023, while the country had 16.3 million SIM cards.
The Regulatory Authority for Electronic Communications and Postal Services’ (ARCEP) 2023 annual activity report showed an average of two SIM cards per person and a penetration rate mobile of 67.3%.
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