Safaricom reveals slight gain in profits

UAE-based operator e& International revealed on Monday it has signed an MoU with Huawei, Ericsson, Nokia, and Intel to achieve Level 4 autonomy in all of its mobile networks by 2030, with backing from TM Forum.

Malaysian telco U Mobile announced on Wednesday it has signed a Memorandum of Understanding (MoU) with CIMB Bank to extend financing support for its upcoming 5G network rollout.

MTN Group reported a plunge in profits and highlighted currency volatility in Nigeria and inflation as key challenges to tackle this year and expects those headwinds to persist this year.