Private equity firm Actis is in talks to buy Swiftnet, the mast and tower business owned by Telkom, sources said.
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User reliance on legacy 2G and 3G networks is constraining the ability of network operators to migrate to newer technologies.
Among other transactions, Remgro is fighting to get approval for a multibillion-rand fibre deal with Vodacom.
Disruption to internet services for millions of users in Africa could take weeks or even months to fix.
Mobile operators have multiple partnerships with satellite service providers to test the various uses of the technology.
MTN Group has warned it expects its headline earnings per share for the 2023 financial year to plunge by up to 80%.
A team of seven telecoms specialists has completed a “connectivity tour” through Africa that started at MWC in 2019.
MTN’s two most important operating units have embarked on a programme to modernise their core networks.
The deal with Mastercard expands the breadth of MTN’s Mobile Money services across 13 African markets.
The popularity of airtime advances is growing as consumers come under mounting financial pressure.