Telecoms

Telecom Egypt and Greece’s Grid Telecom to Discover Subsea Cable Projects

Telecom Egypt and Grid Telecom have signed a Memorandum of Understanding (MoU) in order to discover potential submarine cable projects.   As such, the agreement will see both partners work together to consider future submarine cable routes between Egypt and Greece. In addition, both companies’ assets can better support each other across their international infrastructure portfolios.    […]

“MyMonty” aiming to become the largest digital bank in the world

As one of the globally renowned leaders in Value-Added Services (VAS) and technological solutions, Monty Mobile is expanding its capabilities from Tech to FinTech, with Chairman Mountasser Hachem pursuing new ventures, landing the digital banking solution “MyMonty” which is envisioned to become the largest in the world”. MyMonty believes in partnerships with banks in order […]

Brazil Certifies Seaborn Networks as RCB Provider

In an announcement, Submarine fibre optic cable systems operator Seabras 1 Brasil (Seaborn) said its network has been approved to provide connectivity to the Brazilain Stock Exchange (B3, enhancing the financial services market in Brazil. Alexandre Jahnecke, IT Products, and Market Data Superintendent at B3 said”The combination of our capital markets services with those of […]

India's Smartphone Market Grew by 7% in 2021, Despite Challenges

India shipped 161 million smartphones in 2021, up by 7 percent YoY (year-over-year), even as supply and pandemic related challenges created disruptions during the year, according to the International Data Corporation ’s (IDC) Worldwide Quarterly Mobile Phone Tracker. 2021 started strong with tough demand from July to Dec and positive sentiments around vaccinations however a […]

In Shadow of KKR Approach, Telecom Italia to Discuss Overhaul

Telecom Italia (TIM) directors will on Monday discuss a plan to reorganise Italy’s biggest telecoms group as newly appointed Chief Executive Pietro Labriola tries to forge an alternative to a takeover approach by U.S. fund KKR . The debt-laden former phone monopoly is considering splitting its domestic business into an infrastructure entity and a separate […]

Long live the User: How CSPs Optimize their Target Group Addressing

“The customer is king” – this claim is anything but new in the telco industry, but now it is fortified by the amendment of the telecommunications act (TKG). In force since December 1, 2021, the update of the TKG especially grants customers additional rights with regard to termination periods, reimbursements, and transparency. Meanwhile, a new paradigm can […]

Positive Response from South African Operators Amid Auction

After many delays, South Africa has high hopes of finally being able to auction spectrum, while it seems that the countries’ operators are now keen to get involved in the process.   As such, reports note that there have been six applications for the so-called high-demand spectrum. Telecoms regulator ICASA received applications from MTN, Vodacom, Telkom, […]

Nigerian Operator Globacom Signs Network Expansion Deal with Ceragon

Ceragon Networks, the global innovator and solutions provider of 5G wireless transport, announced Tuesday the signing of a deal with Globacom, the second largest operator in Nigeria, to expand its network and maintain its cutting-edge technology.   Globacom seeks to build Africa’s biggest and best telecommunications network. As such, the deal with Ceragon will increase its […]

Ethio Telecom revenue missed by 13.6% due to military conflict

Ethiopia state-owned operator Ethio Telecom missed its H1 revenue target by 13.6 percent, primarily because of the ongoing military conflict in the country.   As such, the operator racked up a total of $561 billion between July 1 to December 31, which is 86.4 percent oaf its target, but it pointed out this is a year-on-year […]