Category: Operators

Vodacom reported a dip in profits due to higher energy costs and forex rates which have also affected other operators on the African continent.

Airtel Africa reported a loss of US$89 million as it also suffered from the devaluation of the Nigerian naira, despite growth in customer base.

Veon-owned Bangladesh operator Banglalink said on Thursday that it has become the first mobile operator in the country to phase out 3G services as it shifts focus to boosting performance of its 4G network.

Safaricom announced flat profit growth in its full 2023 financial year as income was dampened by investment into its new Ethiopian unit and inflation. 

Safaricom announced flat profit growth in its full 2023 financial year as income was dampened by investment into its new Ethiopian unit and inflation. 

The parent companies of Indonesian telcos XL Axiata and Smartfren have reportedly asked permission from telecoms regulator KemKominfo to carry out a long-planned merger of the two companies – and seem likely to get it.

Repair work to three damaged subsea cables off the coast of Yemen was delayed due to access disputes in the Red Sea, stemming from the ongoing civil war in the country. 

The International Finance Corporation (IFC) announced it is in discussion to loan Airtel Africa US$200 million, to fill the operator’s coffers to fund network expansion in the Democratic Republic of Congo (DRC), Rwanda and Kenya.