https://www.engineeringnews.co.za
R/€ = 17.08 Change: 0.00
R/$ = 16.78 Change: 0.00
Au 1775.14 $/oz Change: -15.04
Pt 937.50 $/oz Change: -2.00
 

Telecoms News

MTN group values mobile-money arm at $5bn, considers IPO

By: Bloomberg     12th April 2021 MTN Group is valuing its mobile-money arm at about $5-billion, joining African wireless carriers planning to list these businesses in a region that has more mobile-money accounts than anywhere else in the world. MTN’s valuation of its unit follows Mastercard Inc. and TPG Holdings investing... 

MTN Nigeria in talks for longer term pricing structures of banking channel sales

By: Natasha Odendaal     9th April 2021 Telecommunications group MTN Nigeria has been participating in a series of meetings, since April 6, to align on longer term pricing structures after a temporary suspension of airtime sales through the company’s banking channels owing to a dispute over the reduction in cost of sales. The sales of... 

Pandemic accelerated digital education, but some way to go to make tool truly effective

By: Schalk Burger     9th April 2021 Enabling effective education and the development of foundational, specialist and new skills that are needed across industries and societies – in part through adopting digital education tools – requires a broad partnership among civil, commercial, educational and governmental organisations, a... 

Pandemic accelerated digital education, but some way to go to make tool truly effective

Lenders cut off Nigeria’s biggest telco from banking platforms

By: Bloomberg     6th April 2021 Some Nigerian lenders have cut off MTN Nigeria from their banking platforms, making it impossible for millions of customers to buy credit for their phones. All lenders in Africa’s most populous country, except Zenith Bank, have taken MTN Nigeria off their platform, said Funso Aina, spokesman for... 

Pandemic drives 65% growth in mobile money transactions value

By: Natasha Odendaal     24th March 2021 The number of registered mobile money accounts increased 12.7% to 1.21-billion in 2020 – double the previous forecast – owing to a dramatic acceleration in mobile transactions during the Covid-19 pandemic as lockdown restrictions limited access to cash and financial institutions. The latest GSMA... 

MetroFibre secures R2.5bn debt funding package

By: Natasha Odendaal     23rd March 2021 Gauteng-based fibre infrastructure provider MetroFibre Networx has secured a R2.5-billion debt funding package from Investec to support its fibre deployment across South Africa. The funding agreement builds on an existing relationship between the two companies since 2016, when MetroFibre... 

Icasa appeals spectrum court judgment

By: Natasha Odendaal     17th March 2021 The Independent Communications Authority of South Africa (Icasa) is appealing the decision of the Pretoria High Court to halt the spectrum licensing, which was due to start on March 31; however, the authority remains open to discussions. In a statement, Icasa said it had consider considered the... 

Analogue switch-off starts

By: Natasha Odendaal     16th March 2021 The phased switch-off of South Africa’s analogue television transmitters has started and will continue province-by-province until the end of March 2022, when the last transmitters will be shut off in Gauteng. The Department of Communications and Digital Technologies, together with broadcasters,... 

Liquid Telecom overhauls strategy, rebrands

By: Natasha Odendaal     15th March 2021 Pan-African telecoms group Liquid Telecom has rebranded, recalibrated and repositioned as pan-African technology group Liquid Intelligent Technologies (LIT), with ambitions of expanding its services offerings across the African continent. With several sub-brands, namely Liquid Cloud; Cyber... 

Regulator's approach to spectrum auction was unlawful, court says 

By: Reuters     12th March 2021 A South African judge said he had halted the radio frequency spectrum auction planned this month by regulator Icasa because he deemed the process unlawful and irrational. High Court Judge Selby Baqwa passed an order on Monday prohibiting the Independent Communications Authority of South Africa... 

MTN Nigeria acquires additional 800 MHz spectrum

By: Natasha Odendaal     12th March 2021 Telecommunications group MTN Nigeria has acquired an additional 10 MHz spectrum in the 800 MHz band from Intercellular Nigeria for an undisclosed amount. This followed the approval by the Nigerian Communications Commission (NCC) of the transaction and assigned the frequency to MTN Nigeria. 

MTN reports strong 2020 results, unveils Ambition 2025 strategy

By: Natasha Odendaal     10th March 2021 Telecommunications group MTN has announced a new repositioned strategy to accelerate growth and unlock the value of its infrastructure assets and platforms. Ambition 2025 is the result of a comprehensive strategy review during the fourth quarter of 2020. 

MTN reports strong 2020 results, unveils Ambition 2025 strategy

Telkom welcomes halt of spectrum process

By: Natasha Odendaal     9th March 2021 Telecommunications group Telkom has welcomed the Gauteng High Court’s decision to halt the Independent Communication Authority of South Africa’s (Icasa’s) planned spectrum auction process pending a review. Telkom said the decision affirmed its view that there are concerns around the lawfulness of... 

South Africa's court halts spectrum auction

By: Reuters     8th March 2021  South Africa's high court on Monday ordered telecoms regulator Icasa to halt the auction of radio frequency spectrum licences pending another related court matter, further delaying the process which was expected to begin this month. As part of the order, the Independent Communications Authority... 

MTN Group appoints new executive to drive its strategic repositioning

By: Natasha Odendaal     8th March 2021 Telecommunications group MTN has appointed Chika Ekeji as executive for strategy and transformation, effective March 15. This forms part of MTN’s plans to further bolster management capacity to accelerate its strategic ambitions, which focuses on accelerating growth, deleveraging the holding... 

Privacy concerns alienate half of global citizens’ adoption of government digital services

By: Natasha Odendaal     4th March 2021 Concerns around privacy and security risks are risking the participation of more than half the global population in governments’ various digital services drive. A new survey by EY found that 53% of the respondents believe that privacy and security risks around how their data is shared outweigh... 

MTN Nigeria posts increases across the board during FY20

By: Natasha Odendaal     1st March 2021 Telecommunications group MTN Nigeria has posted increases across the board during the year ended December 31, 2020. The West African operations achieved a 9.7% increase in earnings before interest, tax, depreciation, and amortisation (Ebitda) to N685.7-billion, however, the Ebitda margin declined... 

MTN says Nigeria operating licence renewal at advanced stage

By: Reuters     1st March 2021 MTN Nigeria is at an advanced stage in renewing its operating spectrum and licence in Nigeria for another ten years from September, the local unit of South Africa's MTN said on Sunday. The Nigerian Communications Commission (NCC) has approved the renewal of the 900 MHz and 1 800 MHz bands due to... 

MTN eyes $65m deal for Syrian business

By: Reuters     1st March 2021 MTN Group remains committed to negotiating a $65-million sale of its 75% stake in its Syrian unit, the South African mobile operator said on Sunday, despite the business being placed under judicial guardianship last week. MTN Syria was placed under guardianship by a court in Damascus over alleged... 

Cell C claws back subscribers, earnings

By: Natasha Odendaal     26th February 2021 Cell C has clawed back some of its customers, increasing its subscriber base to 12.5-million as at the end of November 2020, after recording a decline to 11.8-million by June last year. While revenue for the six months to November 30, 2020, declined 8% to R7.12-billion, from R7.72-billion in... 

Blue Label posts 43% higher H1 earnings a share

By: Natasha Odendaal     26th February 2021 JSE-listed Blue Label Telecoms posted a 43% surge in earnings per share to 49.92c apiece during the six months ended November 30, 2020. The increase was attributed to the disposal of the group's 47.56% interest in Blue Label Mexico and a partial recoupment of losses by the retail division of the... 

New technologies can reinvigorate traditional production in developing countries

By: Schalk Burger     26th February 2021 New technologies can reinvigorate traditional production sectors and speed up industrialisation and economic structural transformation, says United Nations Conference on Trade and Development (Unctad) technology and logistics division director Shamika Sirimanne. She adds that developing countries... 

IFC invests in Liquid Telecom bond

By: Natasha Odendaal     25th February 2021 The International Finance Corporation (IFC) has invested into a Liquid Telecommunications subsidiary’s bond issue. IFC, playing an anchor role, subscribed to 16% of the bond, equivalent to $100-million, which was listed on Ireland's main stock exchange, Euronext Dublin on February 25. The... 

Government commits to improving infrastructure spending 

By: Tasneem Bulbulia     24th February 2021 The 2021 Budget, presented by Finance Minister Tito Mboweni on February 24, outlines that R93.1-billion has been earmarked for economic regulation and infrastructure, from consolidated government expenditure of R2.02-trillion each year over the medium term. To boost infrastructure spending,... 

Icasa postpones announcement of spectrum bidders to March

By: Natasha Odendaal     22nd February 2021 The Independent Communications Authority of South Africa (Icasa) has postponed the announcement of the spectrum Invitation to Apply (ITA) bidders until March 23. The authority initially planned to announce the qualified bidders of the International Mobile Telecommunications (IMT) ITA on February 22. 

Spectrum licensing may be slower than hoped - Webber Wentzel 

By: Schalk Burger     18th February 2021 The release of radio frequency spectrum for various telecommunications, industrial and commercial uses may take longer than hoped for, given the challenges to ensure equitable access and to enable digital transformation and growth in the economy, says law firm Webber Wentzel senior associate Karl... 

Spectrum licensing may be slower than hoped - Webber Wentzel
Webber Wentzel senior associate Karl Blom briefly summarises key aspects of radio frequency spectrum licensing in South Africa. Video editing: Darlene Creamer.

Paratus, Telecom Namibia to land Equiano cable

By: Natasha Odendaal     17th February 2021 Pan African network operator Paratus and broadband solutions and backbone infrastructure provider Telecom Namibia have signed an agreement to land the subsea cable, Equiano, in Namibia. Google’s subsea cable project, announced in 2019, will connect Africa with Europe, running along the west coast... 

Blue Label to report increase in half-year earnings

By: Creamer Media Reporter      17th February 2021 JSE-listed Blue Label Telecoms expects a more than 20% increase in earnings for the six months ended November 30. The group’s basic earnings a share are set to increase 41% to 45% year-on-year to a range between 49.23c and 50.62c apiece for the first six months of the year. 

MTN, MasterCard partnership enables mobile e-commerce payments

By: Schalk Burger     16th February 2021 Payment technology multinational MasterCard and telecommunications services multinational MTN on February 16 announced that MTN customers in 16 African countries will be able to make e-commerce payments safely and securely using a MasterCard virtual payment solution linked to MTN's mobile money... 

MTN commits to net zero emissions by 2040

By: Creamer Media Reporter      15th February 2021 Telecommunications group MTN has set ambitions of achieving net zero emissions by 2040, setting science-based targets to achieve a 47% average reduction in absolute emissions for scope 1, 2 and 3. MTN said its greenhouse gas (GHG) emission-reduction targets are in line with the information and... 

Broadband critical to small business success

By: Natasha Odendaal     15th February 2021 As the Covid-19 pandemic and resultant restrictions necessitate a move online for citizens and businesses, broadband is playing an essential role that should be embraced. With the emergence of new technologies, new advanced instruments and tools for online engagement, networking and businesses... 

Speedy spectrum allocation is the low-hanging, confidence-building fruit

By: Natasha Odendaal     15th February 2021 The swift allocation of high-demand spectrum is the “low-hanging” fruit toward international investor confidence and growth, said RMB Corporate and Investment banking division telecoms, media and technology sector head Thobeka Tubela. However, like in many countries worldwide, South Africa’s... 

Vox’s fibre initiatives get capex funding boost

By: Natasha Odendaal     15th February 2021 The deployment of fibre infrastructure by Vox subsidiary Frogfoot has been boosted by access to debt facilities to fund their fibre ambitions. The addition capital expenditure (capex) boost from mandated lead arranger Investec will enable Vox to continue to provide communities with fast and... 

Adapt IT appoints independent expert to assess Huge Group offer

By: Natasha Odendaal     15th February 2021 JSE-listed technology company Adapt IT Holdings has issued a further cautionary while a newly appointed independent expert reviews Huge Group’s buy-out offer. Adapt IT has appointed Nodus Capital TS to determine whether or not the consideration offered by Huge Group for Adapt IT shares is fair... 

South Africa’s digital migration to move ahead from March

By: Natasha Odendaal     12th February 2021 After many delayed starts and renewed deadlines, South Africa is on track to start the year-long phased switch off of analogue television (TV) transmitters in March. In his State of the Nation Address (Sona) on February 11, President Cyril Ramaphosa said he expected the province-by-province... 

Blended apprenticeship and digital artisan training proposed for Africa

By: Schalk Burger     12th February 2021 New approaches to artisan education in line with Industry 4.0 paradigms are being crafted that use a blend of digital training and apprenticeships, and are being proposed as a sustainable training model for Africa. Digital artisan training facilitator BluLever Education is launching a new... 

Changing Ethiopian ICT landscape presents attractive opportunities and potential, says market research firm

By: Schalk Burger     10th February 2021 Information and communication technology (ICT) market research firm International Data Corporation (IDC) says there are positive opportunities in Ethiopia as the government focuses on liberalising the telecommunications sector and allowing for foreign investment. This move creates space for... 

5 6 7 8
9
10 11 12 13

Latest News

more

Latest Videos

more

Press Office

more

 
RSS Feed

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now
Free daily email newsletter Register Now