MTN warns of 90% profit plunge

The Kenyan government is mulling a division of the nation’s largest publicly listed company, Safaricom, into mobile, tower, and mobile money units, citing potential efficiency and value gains.

China Telecom Global has officially kicked off operations in Saudi Arabia with the launch of new subsidiary China Telecom Gulf, which has already secured its first cooperation agreements with local telcos STC and state-owned BTC Networks.