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Telco

Airtel Africa defies devaluations, posts $328M profit in FY ’25

Voice revenue regained control, rising to $1.96 billion and towering data revenues of $1.80 billion. Mobile money revenue grew to $994 million, with a continued strong performance in East Africa of 31.9% and Francophone Africa of 22.2%

Telco

Legend Internet debuts on NGX, seeks ₦150 billion for fibre rollout

"Our growth thesis is simple: Nigeria's broadband future sits in the last mile. It is critically underserved, but Legend has built a sustainable and well-positioned model to lead the change," Aisha Abdulaziz, chief executive officer (CEO) of Legend Internet said.

Telco

US tariffs could derail Africa’s telecom growth, MTN CEO warns

MTN Group CEO Ralph Mupita has warned that new US tariffs on telecom equipment could increase infrastructure costs and slow network expansion across Africa.

Telco

MTN Group gains $15.8 million from Guinea-Bissau Sale, reports loss on Guinea-Conakry

This transaction aligns with MTN's strategic divestment from smaller West and Central African (WECA) markets.

Telco

IHS Towers narrows losses to $1.64 billion in 2024 amid Nigerian currency volatility

Since its 2021 New York Stock Exchange listing, IHS Towers has faced investor pressure due to persistent losses, resulting in a significant market value decline

News

Tizeti accelerates West African expansion with fiber deployment

"In areas where we have unlimited internet service; we have achieved a minimum of 80% penetration in all communities," said founder and CEO of Tizeti, Kendall Ananyi

Fintech

EXCLUSIVE: MTN’s MoMo PSB courts old users via voice calls

This low-cost customer acquisition strategy follows a restructuring of MoMo’s sales incentives, aimed at optimising monetization and reducing acquisition expenses

Telco

From losses to $248 Million Profit: Airtel Africa’s impressive nine-month turnaround

Voice revenue regained control, rising to $1.45 billion and towering data revenues of $1.30 billion

Telco

Africa’s most anticipated broadband internet projects

Several high-profile companies are working on projects to plug existing gaps in the continent's internet space.

Explainer

How to link and unblock your NIN-barred SIM cards (MTN, Glo, Airtel, 9mobile)

In line with the federal government's directive, learn how to unblock your NIN-barred SIM card (MTN, Glo, Airtel, 9mobile) to avoid service disruption before February 28, 2024.

Telco

Exclusive: Cell C isn’t laying off staff, chases growth

The company has informed that it is not undergoing a restructuring exercise in its sustainability push.

News

Telesom has claimed Somaliland’s first 5G network

The East African market looks determined to compete on the global stage and charts a course towards technology

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