Globe sells off 154 towers for $242m

The two competitors in what is an effective mobile operator duopoly in Ethiopia have both made headlines this week with upbeat news.

State-owned telco Kazakhtelecom JSC has reportedly signed separate deals this week – one to finalise the selloff of its mobile unit MTS, and the other to build a subsea cable connecting Kazakhstan and Azerbaijan.

MTN Group announced multiple changes to its executive with its Congo-Brazzaville unit gaining a new Chief Executive.