Philippines-based Globe Telecom has closed the sale of 96 more towers raising a total of PHP89.3 billion ($1.5 billion) since kicking off its sale-and-leaseback initiative three years ago.
MTN Nigeria CEO Karl Toriola has defended recent tariff hikes by mobile network operators, stating they are essential for the “survival” of the telecoms industry in Nigeria, despite significant criticism.
Two of Africa’s biggest operators – Vodacom and MTN – have, coincidentally, announced technology deployment firsts for the continent in the past few days – one involving MIMO, the other involving 5-band RRU commercial deployment.