Tag: Telecommunication

The Nigerian Communications Commission (NCC) has disclosed that it has temporarily suspended the issuance of new licenses in some categories. The commission said the categories included interconnect exchange license, mobile ...

According to the International Data Corporation (IDC) Worldwide Semiannual Telecom Services Tracker, worldwide spending on Pay TV and Telecom services will increase by 2.1%, reaching US$1,509 billion. Despite grappling with ...

Broadcast Media Africa has learnt that the Federal Government of Nigeria is set to launch a special purpose vehicle (SPV) to deliver an additional 90,000km of fibre optic cable to ...

The Independent Communications Authority of South Africa (Icasa) has announced plans to auction additional high-demand radio frequency spectrum in its 2025/26 financial year. It had previously planned to hold an ...

MTN Rwanda invested US$7.2 million in its network in the first quarter of 2024. MTN Rwanda revealed that it completed upgrading 140 network sites across the East African country when ...

Kenyan telco Safaricom has surpassed the billion-dollar threshold in revenue, becoming the first company in the East Africa region to reach the milestone. This is according to the company's full-year ...

South Africa's Vodacom Group, a major player in the telecommunications industry, reported a significant 10.8% fall in full-year earnings. This was primarily due to a start-up loss in Ethiopia, higher ...

Despite a challenging macroeconomic environment defined by persistently high inflation and local currency depreciation in some key markets, MTN Group's fintech operations were among the few standouts in the year's ...

African telecom company Airtel Africa is currently in discussions with the International Finance Corporation (IFC) for a US$200 million loan to support its capital expenditure (CAPEX) requirements and refinance existing ...

According to industry reports, MTN's share price has plummeted by 29% since the beginning of the year due to Nigeria's recently announced changes to the exchange rate of its currency ...