MTN Drives Rural Expansion with 39M Injection in Eastern Cape, SA
MTN SA has today announced that it is investing $39.1-million (R624-million) into the Eastern Cape province of South Africa to drive upgrades and deploy new network infrastructure across the region this year. The company says it is focusing on launching 5G and connectivity services, especially in rural areas. This latest cash injection falls as part…
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Liquid Lands Capacity of Subsea Cable Equiano in Nigeria & South Africa
Liquid Intelligent Technologies, a business of Cassava Technologies, a pan-African technology group, has announced it has acquired a fibre pair on the Equiano subsea cable, allowing Liquid to transport traffic up to 12 Terabits, bringing a much-needed increase in international connectivity in Western and Southern Africa. With older sub-sea cables almost at the end of…
Airtel Africa Wants to Get Rid of its Towers to Cut Costs
Pan-African telecommunications firm Airtel Africa has reportedly stopped investing in new tower infrastructure in Kenya, and other markets across the continent, as it prepares to sell most of its already-existing infrastructure assets. This is in efforts to reduce ownership of infrastructure as Airtel Africa looks towards leasing instead, according to Business Daily Africa. The International…
Tizeti Partners Microsoft to Boost High-Speed Internet in Nigeria
Microsoft, the US-founded tech megacorp, and West African solar-based internet service provider Tizeti have announced a new collaboration to boost high-speed internet in Nigeria with the “Airband initiative”. The initiative will see the rollout of high-speed Airband internet infrastructure in Oyo State, in the southwest of Africa’s most populous country. According to the announcement, the…
MTN SA Invests $46.4-Million in New Infrastructure for KZN, South Africa
Africa’s largest telecom group MTN SA has announced a further investment of $46.4-million (R700-million) in order to modernise existing, and deploy new, network infrastructure across the KwaZulu-Natal province in South Africa. The $46.4-million investment, which is an addition to the $33.17-million (R500-million) invested in 2021, will go toward MTN’s “Modernisation of Network South Africa project”…
MTN Group Posts “Strong” 2021 Results – $583M in Profits
South African telecom MTN has released its financial results for the year ended December 2021 and reported “strong financial, operational and sustainability results” through what the group is calling a “tough macro year.” MTN boasts that these very positive results were delivered through “strong strategic execution and sustained commercial momentum across 19 markets.” “We adapted…