MTN Nigeria signs 200 billion naira loan after NSE listing

A day after it listed its shares on the Nigerian Stock Exchange, MTN Nigeria announced that it signed a 200 billion naira loan with seven local banks.

The seven-year loan deal coordinated by Citibank, was signed with a consortium of Access Bank, Guaranty Trust Bank, Zenith Bank, Fidelity Bank, FCMB, United Bank for Africa and First Bank.

MTN Nigeria, majority owned by"...

GSMA Outlines New Developments for MWC19 Shanghai

(AETOS Wire)-- The GSMA today announced new developments for MWC19 Shanghai, including recently confirmed keynote and 4YFN speakers, Artificial Intelligence Accelerate Programme, leading players showcasing latest mobile technologies at the GSMA Innovation City, Seminars and Forums and newly joined exhibitors, partners and sponsors. Taking place 26 - 28 June 2019 at the Shanghai New International Expo Centre (SNIEC), the GSMA expects more than 60,000 professionals from over 110 countries"...

Vodacom partners with BlackFog to provide cybersecurity solutions to its customers

Vodacom Business has entered into a new partnership with BlackFog to provide cybersecurity and privacy solutions to it’s more than 43 million customrs.

Through this partnership, Vodacom seeks to ensure that its customers have the best of breed solution available to protect them from today’s increasingly sophisticated online threats.

BlackFog provides on-device"...

Mobile Money Agents Partner on Financial Inclusion

The Association of Mobile Money Agents in Nigeria (AMMAN) in collaboration with EcosaHybrid Network, recently held a capacity building workshop.

The aim of the workshop was to bridge knowledge gap among financial inclusion agents and other core stakeholders in the industry.
The focus, which was in the Northern part of the country, was designed to bridge financial inclusion gap in the North.
National President, AMMAN, Mr. Victor Olojo,"...

UNICEF and Safaricom launch Internet of Good Things in Kenya

UNICEF and Safaricom have launched the Internet of Good Things in Kenya – a set of information and resources which promotes living better and healthier. Internet of Good Things is a UNICEF-led initiative, currently accessible in over 60 countries and territories around the world, and helping to bridge the digital divide and build knowledge societies.

Internet of Good Things as a platform hosts mobile-packaged content from UNICEF and its partners,"...

MTN Cameroon recorded over one million new subscribers in the first quarter of 2019

MTN Group has published its financial results for the first quarter of 2019 in Johannesburg, South Africa showing sustained growth in all segments, with 236.6 million subscribers as of March 31, 2019 in all 21 countries, compared to 233 million at the end of the fourth quarter of 2018.

The Cameroon subsidiary also recorded return to growth in the first quarter marked by a strong increase in its customer base to 8.7 million subscribers as at 31 March"...

Media-Telecom Convergence Projects Demo by IBC and TM Forum at Digital Transformation World

(AETOS Wire)-- TM Forum, the industry association driving digital transformation through collaboration, and IBC, the world’s most influential media, entertainment and technology show, unveiled the details of three joint proof-of-concept Catalyst projects to be demonstrated at Digital Transformation World in Nice, France, May 14-16, 2019. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190513005442/en/ Catalysts are proof-of-concept projects developed collaboratively. These projects bring together companies large and small to create innovate solutions to common challenges demonstrating how this can be achieved leveraging key TM Forum best practices and standards. These three unique Media-Telecom Convergence Catalyst projects are the first results of IBC and TM Forum’s collaboration aimed at driving open innovation between the telecoms and media industries. Featured among the 32 projects demonstrated at Digital Transformation World, they incorporate some of today’s most complex business and......

Airtel Extends 4G Network to Akwa Ibom

Airtel Nigeria has extended its Fourth Generation-Long Term Evolution (4G-LTE) network service to Akwa Ibom State.

The Airtel 4G Network Service was officially unfolded recently in Uyo, Akwa Ibom State capital before a cross-section of the Akwa Ibom State community by the State Governor, Mr Udom Emmanuel.

The"...

MTN revenue up 13.4%, subscribers over 60m in Q1

MTN Nigeria has released its unaudited results for the first quarter ended March 31, 2019, with its subscribers increasing by 2.1 million to 60.3 million.

According to the results released, the business is on a sustainable growth path with service revenue increasing by 13.4 per cent year on year (YoY), in line with MTN Nigeria’s medium-term guidance of double-digit growth.

This was led by a 32.4 per cent increase in data revenue and a 12.7 per cent increase in voice revenue, a general slowdown"...

Data boosts South Africa telcos’ revenue growth, report

South African telecommunications operators experienced positive growth in 2018 as total subscriptions, device ownership, internet penetration, and data usage continue to increase according to The 'The Telecommunications Industry and Retails of Devices in South Africa 2019' report by ResearchAndMarkets.com.

The South African telecommunications sector grew by over 14% and was worth R187bn in 2018. Mobile subscriptions, device ownership, and"...