mtn group
South Africa’s Spectrum Debacle – What is Going On?
Sourced from Business Tech Recently, MTN issued a warning that the Independent Communications Authority of South Africa (ICASA)’s decision to take back the emergency temporary radio frequency spectrum it opened to the country’s telecoms in April 2020 at the onset of the pandemic would lead to a “digital load shedding” in SA. ICASA is currently planning to close off the spectrum on 30 November 2021. The authority initially released the spectrum in emergency conditions last year to meet a spike in demand for broadband services in the country stemming from the Level 5 total lockdown implemented to curb COVID-19 infections. As more people were required to work from home, more spectrum was necessary to accommodate the switch. Now, according to Jacqui O’Sullivan, MTN SA’s executive for corporate...
Top 10 Largest Telecom Companies in Africa
Sourced from the Guardian Nigeria. The COVID-19 pandemic has spurred digital transformation initiatives across Africa, but it has also affected the revenues of its largest telecommunication firms. Almost all of the companies in this list had their bottom lines affected by the global pandemic either positively or negatively, however, a key trend is clear – customer bases are growing across the board as Africa is steadily developing. These telecoms represent an important technology in the continent, the technology that enables and facilitates communication. A vital innovation for developing economies. The following list takes into account both total annual revenue and current user base/subscribers to rank the telecoms. Here are the top 10 largest Telecom companies in Africa ranked: 10. Globa...
MTN Appoints New CEO of Simfy/ayoba
South Africa’s MTN Group yesterday announced the appointment of Burak Akinci as CEO of Simfy (ayoba), reporting to the MTN Group Chief Digital and Fintech Officer Serigne Dioum. Akinci will also be in charge of the company’s ayoba super app. Effective 1 September 2021, Burak joins MTN from Turkcell, a converged telecommunication and technology services provider, founded and headquartered in Turkey, where he was CEO of BiP, an instant messaging platform with millions of users across 192 countries. Burak, with over 20 years of experience in marketing, digital businesses and technologies, led the build-out of the BiP platform, which has more than 30 million users. In his new role, he will be based in Cape Town. “We are thrilled that an executive of Burak’s calibre is joining us. His appointme...
MTN is Selling its South African Towers
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MTN Nigeria Reports Increased Earnings Despite Losing 7.6M Subscribers
Sourced from TheTechieGuy (https://thetechieguy.com/) MTN Nigeria has released its unaudited results for the half-year ended June as the telco celebrates its 20th anniversary. The results show that its mobile subscriptions had declined by 7.6-million to 68.9-million. Subscriptions had been significantly impacted by regulatory restrictions on new SIM sales and activations. Active data users also saw a decline by 52,000 to 32.5-million. However, Independent Media reports that MTN Nigeria saw voice revenue grow by 13.1%, benefiting from an 11.8% increase in traffic and its new customer value management initiatives. The impact of the industry-wide suspension of new SIM registrations was partially mitigated by higher usage in the company’s active SIM base, as well as the firm’s migration to “hi...
Ethio Telecom Partners with Ericsson to Launch 4G Network for South West Ethiopia
Image sourced from FurtherAfrica. Ethio Telecom is partnering with Ericsson to expand its 4G services into the South West region of Ethiopia during 2021. A decisive move that correlates with Ethiopia’s plans into introducing international investors and partners into their monopoly-laden and virtually untapped telecoms space. The service provider will use Ericsson Radio System products and solutions for this deployment. The core expansion will take place in Ethio Telecom’s regional data centres and the data centres in Addis Ababa. Through this partnership, Ethio Telecom will seek to modernise its network by transitioning from the current Operations Support Systems (OSS) systems to the more advanced and high-capacity Ericsson Network Manager (ENM). Ethio Telecom will also introduce Ericsson ...
MTN to invest N640 billion to expand broadband access
MTN Nigeria plans to invest N640 billion (approximately US$1.5 billion) over the next three years to expand broadband access across the continent’s most populous country, in line with the federal government’s 2020-2025 National Broadband Plan and in support of MTN Group’s strategy, Ambition 2025: Leading digital solutions for Africa’s progress. ‘Nigeria is one of our most important markets. We have a proud history of partnering with Nigeria and Nigerians to drive faster and more inclusive growth through digital transformation,’ said MTN Group President and Chief Executive Officer Ralph Mupita after a three-day visit to Abuja and Lagos, in which he met a number of key stakeholders. These included President Muhammadu Buhari; Vice President Oluyemi Oluleke Osinbajo; Minister of Communications...
MTN to Launch OpenRAN Network in Africa
MTN Group is leveraging its expansive footprint across Africa to test and ultimately deploy OpenRAN – an innovative technology that will enable it to launch new services more quickly, cost-effectively and seamlessly, supporting future strategies in line with the company’s Ambition 2025: Leading digital solutions for Africa’s progress. MTN plans to modernise its radio access networks using OpenRAN. This is in line with one of five vital enablers of MTN’s strategy: to build technology platforms that the company believes are second to none, thereby allowing for the rapid expansion of 4G and 5G population coverage across its markets. With up-to-date technology, MTN expects a reduction in its power consumption and associated carbon emissions. This, in turn, supports its plans to decarbonise its...
Ethiopian Government Selling a 40% Stake in Ethio Telecom
Image sourced from Africanews. The Ethiopian government has announced a new tender process to begin the sale of a 40% stake in the state-owned telecommunications company, Ethio Telecom. The sale is still in its very early stages with the selection of a successful bidder expected only at the end of a significantly lengthy process. According to reports, the government plans to retain a 55% stake in the operator while the remaining 5% will be offered to domestic investors through an initial public offering. This new proposed sale of a large minority stake in the telecom comes as part of the Ethiopian government’s plan to liberalise the country’s monopoly in its telecom sector. Another key piece of the plan is for two foreign carriers to be granted licenses to operate in the vast, nearly-untap...
MTN Group Eyes Second Ethiopian Operating Licence
MTN Group CEO, Ralph Mupita has revealed that the telco would consider bidding for the second Ethiopian operating licence after initially losing to Safaricom. “We took an approach that the opportunity, as strategic as it was, needed to meet our capital allocation framework and the hurdles that we saw given the licence conditions. We were particularly focused on the lack of mobile money in the licencing regime, and there were some issues around how the telco constructs would be accommodated within Ethiopia. We certainly priced for those things and near-term risks that we saw, and we felt that the financial bid there was appropriate.” He says that although it was disappointing that they did not win the initial bid, they may take another shot at it. “There are views that the Ethiopian authori...
MTN Completes NLD Fibre Cable Project in South Africa
MTN has officially completed its Coastal National Long Distance (NLD) fibre cable project. The fibre route starts in Cape Town, and runs along the N2, moves through Gqeberha and East London and then on to Durban. It is expected to offer an exciting alternative to existing fibre networks and older, slower options and covers an impressive 1,822 kms while supporting several other sites. “The project gives MTN an opportunity to provide additional and significant capacity between coastal cities and the rest of SA, ensuring the digital world is brought one step closer for many more people,” says Giovanni Chiarelli, CIO at MTN SA. The NLD 5/6 project commenced over 3 years ago, constructed by Liquid Telecoms (Liquid Intelligent Technologies), with MTN as the key anchor investor. Apart ...
