Telecom Investments

Mar 01, 2021  |  MTN Seeking To Conclude US$65-million Sale Of Syrian Business

Africa's telecom giant, MTN, has announced that it is still moving forward with closing the sale deal on the 75% ownership it has in MTN Syria, even as that business is already under judicial custody (guardianship).   Authorities in the ...


Feb 19, 2021  |  Ethiopia: Industry Regulator Sees Tepid Take-Up For Telco Licences

Ethiopia's continued drive to liberalise its telecommunication sector and open it up to international investors seem to be hitting unexpected bumps in the road as foreign investors seem to be cooling-off as the Ethiopian Communications Authority announces that it has ...


Feb 16, 2021  |  Econet Reaches For Stability, Pins Hope On Share Buy-Back Programme

Zimbabwe's Econet Wireless is said to be initiating a share buy-back scheme that will be geared to helping it stabilise its finances and continue to meet its financial obligation.   Sources from inside the company indicated that management had listed ...


Feb 10, 2021  |  MTN To Sell Stakes In BICS - Deal Will Raise US$130 Million

MTN Group (Africa's most prominent telecommunications operator) has announced it is in the throes of finalising the deal that would see it sell-off its twenty per cent shareholding a Belgian telecommunication outfit called Belgacom International Carrier Services SA (BICS). The ...


Angola: Africell Secures Licence To Become Fourth Mobile Operator

Africell has applauded the regulatory authorities in Angola for awarding it a licence to operate in the Angolan telecoms market, opening it up to the much-needed competition.  A statement issued by the company reads: “A more competitive and transparent market ...

Nigeria: Telco Regulator Delighted At Results From MTN's Market Listing

The Nigerian Communications Commission (NCC) has expressed delight that it was instrumental to the listing of MTN Nigeria on the country's stock exchange, which according to the commission executive chairman (EVC), Prof. Umar Garba Danbatta, "has continued to bring economic ...