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Telecoms News

Côte d’Ivoire smart grid improves power security, access to power pool

By: Schalk Burger 14th June 2019 A smart electricity grid solution, developed and built by electricity multinational ABB, provides connectivity for all critical elements of the grid, helps operators to balance supply and demand and, crucially, enables Côte d’Ivoire to access the West African Power Pool (Wapp), says ABB Power... →

Vodacom petitions top Congo court to cancel withdrawal of permit

By: Bloomberg 12th June 2019 Vodacom Group’s unit in the Democratic Republic of Congo petitioned the nation’s top administrative court to reverse a government order withdrawing its second-generation (2G) license. A directive signed by Telecommunications Minister Emery Okundji in April threatens to disconnect some of Vodacom... →

MTN top investor forced board shakeup in push for fewer disputes

By: Bloomberg 4th June 2019 MTN Group's biggest shareholder is pushing for changes at Africa’s largest mobile-phone company to avoid the regulatory, legal and political disputes that have cut its share price by more than half over the past four years. The Public Investment Corporation built a 26% stake in Johannesburg-based... →

American Tower to buy Eaton Towers in $1.85bn Africa push

By: Bloomberg 31st May 2019 American Tower agreed to buy Eaton Towers for about $1.85-billion including debt as one of the few international providers of telecommunications infrastructure expands in the fast-growing African market. Both companies have sites in countries such as Ghana and Kenya, and the deal will enable... →

Policy catching up to 5G technology

By: Marleny Arnoldi 31st May 2019 When discussing the Fourth Industrial Revolution (4IR) and industrial policy that adapts to it accordingly, one has to consider fifth-generation (5G) cellular network technology that has been introduced in some parts of the world since last year, technology initiative 5GBarcelona chief technical... →

Photo by Creamer Media's Dylan Slater
5GBarcelona chief technical officer Dr Sergi Figuerola

Digital accounting service to help startups, small businesses

By: Schalk Burger 31st May 2019 A digital accountant service was designed to help startups and small businesses manage their daily operations, tax and registration matters, which also change as they grow, says digital accountant company Osidon co-founder and CEO Hennie Ferreira. The Osidon service comprises an automated... →

HENNIE FERREIRA The automated service writes financial data to compliance and accounting documents based on regulations and client needs

App focus in cloud environments improves business agility

By: Schalk Burger 31st May 2019 Accessible and stable applications (apps) hosted in cloud systems and distributed to where a business needs them help to improve its agility, responsiveness and resistance to disruption, says cloud and security app company F5 Networks Europe, Middle East and Africa senior VP David Helfer. Apps... →

DAVID HELFER The value and importance of apps for businesses makes managing and securing apps across hybrid IT environments essential

MTN eyes Ethiopia entry as country prepares to open market

By: Bloomberg 30th May 2019 MTN Group has identified Ethiopia as a rare new market into which Africa’s largest wireless carrier wants to expand. “There are a few large markets that are under-penetrated and where there is scope for a No. 1 or No. 2 operator, like Ethiopia,” CEO Rob Shuter said in an interview at Bloomberg’s... →

MTN Uganda's deported CEO allowed to return – official

By: Reuters 30th May 2019 The head of MTN Group's Ugandan business has been allowed to return to the country and is expected back later on Thursday, more than three months after he was deported, a company official told Reuters. Wim Vanhelleputte, the chief executive officer of MTN Uganda, was deported by the East African... →

Cartrack continues growth streak

By: Simone Liedtke 28th May 2019 Data analytics solutions provider Cartrack on Tuesday reported another solid set of results for its financial year ended February 28, marking the company’s sixth year of consecutive double-digit growth in companywide, as well as subscription, revenue. Subscription revenue as a percentage of total... →

Airtel Africa looks at $1bn London listing

By: Reuters 28th May 2019 Airtel Africa, a subsidiary of Indian telecoms group Bharti Airtel, is considering a stock market flotation in London, it said on Tuesday, part of efforts to expand its data and mobile money services across Africa. The company is aiming to raise around $1-billion in a June equity offering, a... →

Vodacom permit dispute threatens to disconnect Congo clients

By: Bloomberg 28th May 2019 Vodacom Group’s unit in the Democratic Republic of Congo (DRC) will lose the right to provide second-generation (2G) services this week unless it renews a disputed licence, according to a government order. The directive threatens to disconnect some of Vodacom Congo’s 11.8-million customers who’ve... →

Telkom to seek an equity partner to help boost towers growth

By: Bloomberg 28th May 2019 Telkom is seeking an equity partner to help build more mobile-network towers as the former South African phone monopoly seeks new ways to increase revenue away from its core, fixed-line business. The Pretoria-based company may also sell some of its 1 332 properties to raise cash for the project,... →

MTN to sell interest in Amadeus to HarbourVest for R1.2bn

By: Reuters 28th May 2019 South African telecoms company MTN said on Tuesday it would sell its interest in investment fund Amadeus to private equity firm HarbourVest for around R1.2-billion. MTN said the sale, which also includes its associated holding in online travel booking website TravelStart, was part of a plan to... →

Transnet became 'captive client' after selling off comms network, inquiry hears

By: News24Wire 28th May 2019 Transnet should never have sold off its vital fibre communications network to an external service provider in 2007, the state capture commission has heard. The commission of inquiry has been investigating allegations of state capture, corruption and fraud since August 2018. Subscribe to Fin24’s... →

Telkom’s mobile division lifts group’s full-year performance

By: Natasha Odendaal 27th May 2019 Telecommunications group Telkom’s mobile division elevated its overall operating revenue, headline earnings and earnings before interest, taxes, depreciation and amortisation (Ebitda) for the financial year ended March 31. The group on Monday posted a 22.6% surge in headline earnings a share to... →

Telkom CEO Sipho Maseko talks about the company's full-year financial performance. Video and editing: Nicholas Boyd.

Cloud adoption prompting new ways of using tech

By: Schalk Burger 24th May 2019 While the migration of workloads into public cloud systems requires different strategic approaches to information technology (IT) resources, transitioning to the cloud prompts companies to become more agile and more secure by exposing them to security and IT consumption best practices, says... →

CORNÉ DU PREEZ Skilled IT personnel remain crucial and should focus on supporting in-house needs and developing new products and services

Kenya's Safaricom CEO Bob Collymore to stay an extra year in post

By: Reuters 23rd May 2019 The chief executive of Safaricom, Bob Collymore, said on Thursday that he will stay on in his role for an extra year at Kenya's biggest telecoms operator. "I'm here until the year 2020," Collymore told reporters on the sidelines of a meeting. He was due to step down in August. →

LSE says, hello, Africa! Come list with us

By: Bloomberg 22nd May 2019 It’s not often that the LSE comes to Africa looking for listings. Traditionally companies based on the continent have to make a strong case to have their stock traded on one the world’s biggest bourses. But this week, officials are on roadshow in a bid to boost the LSE’s 115 African listings. The... →

MTN close to paying off 330bn naira fine in Nigeria – NCC

By: Reuters 22nd May 2019 African telecommunications giant MTN has paid 275-billion naira ($898.99-million) toward a 330-billion naira fine imposed on it for not disconnecting unregistered SIM cards, Nigeria's communications agency said on Tuesday. The final 55-billion naira payment from MTN, Africa's largest... →

Digital education offers new experiential training opportunities

By: Schalk Burger 17th May 2019 Digital technologies are helping to improve education and leading to experiential training – a learning-by-doing approach that helps students to apply fundamental learning and merging experience and training, says Ecole hôtelière de Lausanne (Lausanne Hospitality School) associate professor Dr... →

Collaboration seen as key as SA moves to position for 4IR epoch

By: Natasha Odendaal 17th May 2019 While President Cyril Ramaphosa’s Fourth Industrial Revolution (4IR) visions for South Africa are gaining some traction, the success of a new digital future will require extensive coordination and deep collaboration across every sphere and sector. Following a technology-centred State of the... →

MTN receives green light for listing of Nigerian unit

By: Natasha Odendaal 15th May 2019 JSE-listed telecommunications powerhouse MTN’s plan to list its subsidiary MTN Nigeria on the Nigerian Stock Exchange (NSE) will go ahead on May 16. MTN Group on Wednesday said it had received approval for the listing on the NSE Premium Board. The listing will create a new telecoms and technology... →

MTN raising $555m in Nigeria this year for expansion

By: Bloomberg 14th May 2019 MTN Group’s Nigerian unit plans to raise about 200-billion naira ($555-million) this year from a variety of sources including bank loans and bonds to expand operations in its biggest market. The funds will enable Africa’s largest wireless carrier to finance capital expenditure to increase the... →

Huge Group gains Panasonic distribution rights through Pansmart acquisition

By: Marleny Arnoldi 13th May 2019 JSE-listed Huge Group on Monday announced that it had acquired an interest in Pansmart, giving Huge Group control over an authorised distributor of Panasonic’s voice, video and surveillance products. Huge Group has issued a number of its shares to Pansmart as payment. →

Vodacom reports full-year profit decline, but rise in service revenue

By: Natasha Odendaal 13th May 2019 JSE-listed Vodacom on Monday posted muted growth in earnings and a rise in service revenue for the financial year ended March 31. The telecommunications giant reported earnings a share of 867c for the 12 months under review, an 8.7% decline on the prior year, along with a 6.6% year-on-year... →

Vodacom Group CEO Shameel Joosub outlines the company's performance for the year ended March 31, 2019. Videowork and editing: Creamer Media's Nicholas Boyd

Noninvasive industrial cybersecurity aims to make South African industries resilient

By: Schalk Burger 10th May 2019 France-headquartered cybersecurity multinational GECI has launched its suite of industrial cybersecurity services and solutions in South Africa to help make local industrial companies and sites resilient to cyberattacks, says GECI South Africa director Mike Bergen. The solutions can be deployed... →

MIKE BERGEN The cybersecurity solution monitors industrial networks to identify known and unknown anomalous code

Altron marks completed turnaround with double-digit growth

By: Natasha Odendaal 9th May 2019 JSE-listed technology company Allied Electronics on Thursday posted double-digit increases across the board for the year ended February 28, 2019. The technology company achieved a 30% increase in normalised revenue to R19.2-billion and a 24% increase in normalised earnings before interest, tax,... →

MTN posts strong first-quarter service revenue growth

By: Natasha Odendaal 9th May 2019 Telecommunications giant MTN Group has met its medium-term revenue growth guidance, posting a 10% year-on-year increase to R33.2-billion, supported by a continued rise in voice, data and financial technology revenue, during the three months to March 31, 2019. This was led by strong first-quarter... →

MTN Nigeria gets listing approval, securities regulator says

By: Reuters 9th May 2019 Nigeria's securities regulator has approved South African telecoms firm MTN's listing application for its $5-billion Nigerian unit. MTN Nigeria registered more than 20-billion shares before the planned listing in the West African country, MTN's biggest market with 58-million users in 2018 and... →

Nigerian court to hear case between MTN, Attorney General on June 26

By: Creamer Media Reporter 7th May 2019 The legal battle between telecommunications giant MTN and Nigerian Attorney General of the Federation (AGF) will be heard on June 26. This followed the Federal High Court’s rejection this week of the Notice of Preliminary Objection filed by the AGF in response to MTN Nigeria’s lawsuit. →

Datatec’s underlying, headline earnings expected to swing back into the black

By: Natasha Odendaal 7th May 2019 The underlying earnings and headline earnings of information and communications technology firm Datatec are expected to swing into positive territory for the financial year ended February 28. In a trading statement issued to shareholders on Tuesday, the company reported anticipated underlying... →

Nigeria stock exchange receives MTN listing application, regulator says

By: Reuters 6th May 2019 The Nigerian stock exchange has received South African telecoms firm MTN's listing application, the regulator said on Monday. Two people with knowledge of the matter disclosed the application last week, but the regulator did not confirm the registration until Monday. →

Bharti is said to kick off IPO of $5bn Africa arm in May

By: Bloomberg 6th May 2019 Bharti Airtel, India’s second-biggest wireless carrier, is preparing to kick off the initial public offering of its Africa unit in a deal that could raise about $1-billion, people familiar with the matter said. Airtel Africa is planning to make a formal announcement about the London listing this... →

MTN appoints Jonas chairperson designate, establishes international advisory board

By: Natasha Odendaal 3rd May 2019 JSE-listed telecommunications giant MTN Group has established an international advisory board (IAB), led by political and business heavyweights. The group also plans on effecting an “evolution of the board”, with former Finance Minister Mcebisi Jonas appointed chairperson designate, as it enters... →

Photo by Creamer Media
Mcebisi Jonas

Kenya's Safaricom FY earnings jump on upbeat M-Pesa growth

By: Reuters 3rd May 2019 Safaricom, Kenya's biggest telecoms operator, said on Friday its core earnings for the full year rose to 89.6-billion shillings ($889.33-million). The company had reported an earnings before interest and taxation (EBIT) of 79.3 billion shillings in the previous year. →

Africa gains traction as trade destination

By: Jessica Oosthuizen 3rd May 2019 Africa, as a trade and export destination, is looking increasingly attractive from a South African perspective, and represents an opportunity for growth for many South African companies, says research and consulting specialist Africa House MD Liz Whitehouse. Africa offers South African companies... →

Photo by Creamer Media
MAKING PROGRESS Several industries and factors are driving growth in sub-Saharan Africa, including agricultural development and power

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