Yet another financial innovation using mobile telecommunications has been introduced in Africa. This time, it’s an investment product from Uganda’s MTN Mobile Money (MTN MoMo), a mobile financial service provider.
Peru has opened a call for the allocation of the 3.5GHz frequency band for public telecommunications services using 5G or higher technology. More precisely, the call comprises frequencies in the 3300-3800MHz band.
LEO satellite operator Starlink appears to have had a pretty good week or two in Africa, with licence awards in Lesotho, Guinea-Bissau and Somalia making headlines. But it isn’t quite as simple as that.
State-owned Indian operator Mahanagar Telephone Nigam Limited (MTNL) has reportedly defaulted on loan repayments of over INR83 billion about (US$971.5 million) to multiple banks.