Elon Musk’s Starlink is on the lookout for ground station infrastructure and high-frequency spectrum to expand the capacity of its service in the UK and might be tapping Vodafone Group PLC for the role, media reports said earlier last week. “Regarding satellite spectrum, we can confirm we are in talks with multiple operators. We’re close […]
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India’s government informed telecom operators that any potential spectrum auctions for telecom service providers (TSPs) are not required to submit a financial bank guarantee (FBG) to estimate annual spectrum installment. The Department of Telecommunications (DoT) announced it will shift the suitability terms for participation in the upcoming sale to facilitate the bidder’s financial capabilities. “For […]
Qatar has exceeded its own expectations within its telecom sector, as it takes in further expanding data demands imposed on local telcos throughout the pandemic, resulting in a shift to empower telecom services. Both in-house telcos Vodafone Qatar and Ooredoo Qatar migrated their infrastructures to 5G networks due to the expanded global availability of LTE […]
As India’s networking market evolved in Q2 2021, the country’s Department of Telecommunications (DoT)brutally edged down its sword on telcos Vodafone Idea (VI) and comrade Bharti Airtel by forcing them to pay heavy fines in three weeks concerning flouting of license terms. This harsh decision could not have been taken in a more critical time […]
India’s telecom sector witnessed a striking fluctuation in its telcos’ subscribers, with Reliance Jio gaining 6.5 million and Airtel adding 1.9 million to its userbase during July, whereas Vodafone Idea’s consumer base went down by over 1.4 million, according to a data report by the Telecom Regulatory Authority of India (TRAI). With the emergence of […]
India’s Union Cabinet approved on Wednesday a profusion of the eagerly anticipated relief package aiming to support the country’s distressed telecom sector by providing the option of converting interest on spectrum dues into government equity. Prime Minister Narendra Modi’s Union Cabinet confirmed nine structural reforms and five process reforms leading to a transformation of India’s […]
Mobile money transfer platform M-Pesa has shown continued tailwinds under the rise of digital and, specifically, contactless payments after it recently hit the 50 million active users mark in Africa to cement its position as Africa’s largest fintech platform. In 2007, Safaricom and Vodafone launched M-Pesa, Africa’s largest fintech platform, in Kenya as a way […]
In a labyrinthine deal of swapping, selling, and buying shares, Japanese conglomerate Softbank Group Corp. dropped the curtain on what could be a crowned deal, as it plans to own segments of Deutsche Telecom by selling units of its T-Mobile U.S. Inc. shares to the German telco. Deutsche Telekom (DT) has finally revealed plans to […]
Indian telecoms provider Bharti Airtel announced on Friday the closure of its spectrum trading agreement with its local rival Reliance Jio to transfer the “Right to Use” of Airtel’s 800 MHz spectrum in three circles to Jio. Airtel had announced earlier in April the trading agreement without disclosing its financial details. However, Indian media reports revealed on Friday that Airtel received $135.5 million net of tax from Jio for the proposed transfer. Additionally, Jio […]
Ethiopia will allow the Safaricom-led consortium to offer mobile money services throughout the country, signaling the end of Ethio Telecom’s monopoly over the service, local media reported late last week. This step follows the government’s announcement earlier last week of re-opening bidding on second operator license including the right to operate mobile financial services. Previously, any new entrant was barred from offering any mobile money based […]