MTN South Africa has partnered with Ozow to make loading funds simpler for Mobile Money (MoMo) users. “We see this partnership as one more step in our efforts at displacing cash and enabling greater digital and financial inclusion for all South Africans. The rapid growth of mobile money services this year points to the growing demand among South Africans for safe and efficient ways to store, send and spend money via their mobile device,” says Thomas Pays, CEO and co-founder at Ozow. MTN MoMo was launched at the beginning of 2020 and crossed the one million user milestone in June. It offers users an easy way to send money to friends and family members as well as access to a range of value-added services such as purchasing prepaid electricity, renewing car licence discs, and purchasing produ...
Econet has teamed up with X’s Project Taara – Alphabet’s moonshot factory (formerly known as Google [x]) – to expand and enhance affordable, high-speed connectivity to communities across Sub-Saharan Africa. This makes it the first roll-out of Taara’s wireless optical communication technology in Africa. Taara’s links offer fibre-like speed internet access in areas where it’s not economically viable, or too difficult to install fibre, for example, over rivers or in areas where it is unsafe to dig trenches for cables. Econet will deploy Taara’s technology in Africa across Liquid Telecom’s Fibre Optic Backbone and Mobile Network Infrastructure starting in Kenya. “This technology and our partnership with Taara forms an important building block towards realising our vision of a digitally c...
Telkom South Africa has revealed its interim results for the six months ending 30 September 2020. The telco was driven by a 19% increase in mobile subscribers – reaching 13.7 million – to claim the position of South Africa’s third mobile operator. Telkom delivered solid EBITDA growth despite a slight revenue decrease of 0.4% to R21.4 billion in the face of difficult trading conditions brought on by the COVID-19 pandemic. “Telkom’s decision to invest in infrastructure ahead of demand enabled us to meet the surge in demand and weather the acceleration of the decline in fixed voice revenue during the national lockdown,” says Sipho Maseko, Telkom Group CEO. Telkom Mobile expanded margin by 13.2 ptts to 29.9%, optimised direct cost to revenue ratio from 53% in the prior period to 38% and more t...
Telkom has chosen Frogfoot to be its third party fibre network operator as of 2 November 2020. The Fibre-To-The Home (FTTH) provider has an expansive fibre footprint in South Africa with more than 220 000 homes passed. “We are proud of this collaboration with a credible fibre provider that has over 15 years’ experience in the telecoms industry,” says Gugu Mthembu, Executive: Brand and Product Segments at Telkom. “The partnership will widen our reach in the areas where OpenServe fibre currently does not exist, meaning Telkom’s competitive offerings will now become available to customers we couldn’t reach previously. However, we will not be leaving behind our existing customers with services running over the copper infrastructure within the Frogfoot footprint.” /* custom css */ .tdi_3_4...
Telkom Kenya has revamped its Pawa bundles to include SMS and mobile data at more affordable price points. “It is worth noting that SMS and WhatsApp communication are popular among the young audiences who have been actively at home following the prolonged closure of educational institutions due to the current pandemic,” says Telkom’s Marketing Director, Eric Achola. The bundles will now be available as follows: /* custom css */ .tdi_3_f6f.td-a-rec-img{ text-align: left; }.tdi_3_f6f.td-a-rec-img img{ margin: 0 auto 0 0; } Pawa 10- 30 minutes (Telkom to Telkom)+50MB WhatsApp (valid for 24hrs) Pawa 20- 5 minutes (Across networks)+100SMS+100MB (Valid for 24hrs) Pawa 20 Extra- 100 minutes (Telkom to Telkom)+100SMS+100MB (Valid for 24hrs) Pawa 50- 600 minutes (Telkom to Telkom)+200SMS(across net...
Ferdi Moolman, MTN Group Chief Risk Officer MTN Group announced the appointment of Ferdi Moolman to Group Chief Risk Officer, a new Executive Committee (exco) position – effective from 1 March 2021. Moolman joined MTN in 2002 and has held several senior positions within the group in Nigeria and in Iran. He has spent the past five years as the CEO of MTN Nigeria and, as its CFO prior to that. During that time, the company says that significant progress has been made in stabilising the business and setting it on a sustainable growth path. That’s why the management of enterprise-wide risk is integral to MTN’s growth strategy. Moolman will bring extensive operational and financial experience to the role given his deep knowledge of the MTN Group, its markets and the telecoms sector. He will rem...
Sourced from the Guardian Nigeria. The Nigerian Communications Commission (NCC) has granted MTN and 9mobile permission to trial a national roaming service. According to The Vanguard, this roaming service will allow a mobile subscriber “to automatically make and receive voice calls, send and receive data, or access other services when travelling outside the coverage of a particular network geographical area by utilising the network coverage of other networks”. “The approval requires 9mobile and MTN to configure and test their networks towards simulation for customer experience [and it] covers a few local governments, designated as the National Roaming geographic area, in Ondo State.” Executive Vice Chairman of NCC, Umar Danbatta says that “the primary objective of the National Roaming Servi...
Vodacom has joined forces with AFI to drive financial inclusion across Africa through knowledge sharing with financial policymakers and regulators. According to the companies, the partnership, which runs until October 2021, should enhance select AFI member services and platforms with private sector insights. “AFI members in Africa are among the world’s pioneers in mobile money services, having fostered decades of ground-breaking innovations that have shaped the financial inclusion landscape across the continent and beyond,” says Dr Alfred Hannig, AFI Executive Director. Regulators in the region have turned the current pandemic into opportunities to accelerate financial inclusion and ensure that no one is left behind. /* custom css */ .tdi_3_891.td-a-rec-img{ text-align: left; }.tdi_3_891.t...