Ethio Telecom has reported a significant jump in annual pre-tax profit, attributing the performance to strong subscriber growth and an aggressive network expansion strategy.
The saga of Brazilian telecommunications company Oi and its ongoing attempts at restructuring its operations and settling its debts continues this week with news that it is seeking court approval to amend its existing debt recovery plan.
Given its recent troubles, the Moody’s Ratings downgrade of operator Telefonica del Peru’s Corporate Family Rating (CFR) and senior unsecured rating to Caa1 from B2 is not great news.
Telecoms caught up with Zac Eller, GM of Global Partnerships at ExpressVPN, to analyse the impact of a potential launch by digital bank Monzo into the mobile service market as a MVNO. While nothing is confirmed, the mere suggestion of such a crossover …