Safaricom reveals slight gain in profits

Posted on May 10, 2024 by Guest authors

Safaricom announced flat profit growth in its full 2023 financial year as income was dampened by investment into its new Ethiopian unit and inflation.

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FCC fines major telcos for selling users’ location data

Guest authors
April 30, 2024
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The Federal Communications Commission (FCC) has fined major US telcos for illegally selling their subscribers’ location data to third-party data brokers. According to an FCC statement, AT&T, Verizon, Sprint, and T-Mobile US – the latter two h…

Operators

MTN Nigeria backs off on 200% price hike for 15GB data plan

Guest authors
February 17, 2025
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Amid public backlash, MTN Nigeria has reversed course on a move to increase the price of its 15GB data plan by 200% and issued an apology to customers, saying the tariff hike was a “mistake”.

Operators

WOM Chile files for bankruptcy

Guest authors
April 2, 2024
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Chilean operator WOM filed for bankruptcy after it failed to refinance its US$348 million debt pile in November, due to challenging macroeconomic conditions.

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