Ethiopia’s Finance Ministry announced on Monday that two bids have been made for two new telecoms operating licenses, as the country looks to liberalize its telecoms industry and economy. The two license bidders include South Africa’s MTN Group and a consortium of Kenya’s Safaricom, Vodafone, Vodacom, CDC Group (a UK development finance institution) and Japanese […]
Telecom
Chinese tech titan Huawei is reportedly looking to launch two satellites alongside two Chinese partners during July 2021 meant for verifying 6G network technologies, as the company aims to take the lead in its global R&D efforts, The Global Times reported late last week. According to the report – which cites independent digital blogger Chang’an […]
Luxembourg-based telco Millicom International Cellular announced on Monday that it has signed agreements for the sale of its operations in Tanzania and for its stake in the AirtelTigo joint venture in Ghana. Once closed, the transactions will complete Millicom’s multi-year plan to divest its African operations and focus on its Latin America markets, the company […]
The president of Toshiba Corp. stepped down Wednesday, a week after the the Japanese technology and manufacturing giant said it was studying an acquisition proposal from a global fund where he previously worked. Nobuaki Kurumatani tendered his resignation at a board meeting, and the board accepted, effective Wednesday, Tokyo-based Toshiba said in a statement. Kurumatani […]
The U.S. Federal Communications Commission is offering a speed test app to the public for measuring their broadband speed. The app provides a way for consumers to test the performance of their mobile and in-home broadband networks. In addition to showing network performance test results to the user, the app provides the test results to […]
Head of Virgin Media Lutz Schuler will head a merger between both VM and O2 UK, making it the UK’s largest mobile network operator, as it seeks regulatory approval by the Competition and Markets Authority (CMA) for the $42.67 billion tie-up, both companies said on Wednesday. Schuler’s appointment, who joined Virgin Media in 2018 as […]
When executives from Coca-Cola and Delta Air Lines spoke out against Georgia’s new voting law as unduly restrictive last week, it seemed to signal a new activism springing from corporate America. But if leaders of the nation’s most prominent companies are going to reject lawmakers who support restrictive voting measures, they will have to abruptly […]
The problems with U.S. broadband networks have been obvious for years. Service costs more than in many other rich nations, it still doesn’t reach tens of millions of Americans and the companies that provide it don’t face much competition. Now the Biden administration is promising to do something about all of those issues as part […]
MTN Nigeria’s access to banking platforms has been restored earlier this week following a dispute between the telco and most lenders across the country over commission percentages. Bloomberg had initially reported that the spat ignited when MTN cut the commission it pays to banks per airtime transaction from 4.5 percent to 2.5 percent. The move […]
Chinese tech giant Huawei said Wednesday it eked out higher sales and profit last year but growth plunged after its smartphone unit was hammered by U.S. sanctions imposed in a fight with Beijing over technology and security. China’s first global tech brand reported sales of phones, network gear and other technology rose 3.8% over 2019 […]