Image sourced from News24 Telkom Kenya says that it is facing delays in getting approval from the Communications Authority of Kenya (CA) for its two mobile money subsidiaries that it announced last year. According to Business Daily, the telecommunications company announced Telkom Digital and T-Kash in May 2021 as a bid to reorganise its company structure. T-Kash, the telco’s mobile money services will reportedly house T-Kash Loan, a loan service that hasn’t been activated on the app as yet. The digital subsidiary is expected to involve infrastructure including a fibre network, international submarines cables, and a smart landing hub to act as a gateway to the East African region amid increased demand for data service, as per Business Daily. “We have done most of it we are waiting for the r...
Ericsson, a Swedish telecommunications company, released a report predicting that there will be one billion 5G subscriptions in 2022. The forecast is contained in the latest edition of the Ericsson (NASDAQ: ERIC) Mobility Report. The 2027 timeline also includes projections that 5G will account for: 82 percent of subscriptions in Western Europe; 80 percent in the Gulf Cooperation Council region; and 74 percent in North-East Asia. In India, where 5G deployments have yet to begin, 5G is expected to account for nearly 40 percent of all subscriptions by 2027. In global terms, 5G is forecast to account for almost half of all subscriptions by 2027, topping 4.4 billion subscriptions. The latest Ericsson Mobility Report – the twenty-second edition of Ericsson’s network traffic insights and forecast...