investment

Is Facebook about to invest $1bn in India’s Reliance Jio?
Reports in the UK press suggest that the potential deal could be cancelled due to the economic impact of the current Covid19 epidemic
CityFibre buys TalkTalk’s FTTH network for $260m in the UK
CityFibre has been one of the most proactive companies in the UK for pushing the rollout of full fibre connectivity
Vodacom set to acquire 1 million new subscribers from struggling rival in South Africa
It is believed that Vodacom would be able to leverage its scale to deliver cost saving efficiencies, allowing it to service long term contract subscribers in a more cost effective and profitable than its rival operator, Cell C.
Orange opens new Middle East and Africa HQ in Casablanca
Orange is present in 18 markets across Africa and the Middle East and has over 125 million customers in the region
Bharti Airtel shareholders approve $3bn finance package
Airtel’s board proposed measures to raise up to $3 billion in new finance, with 99.99 per cent of shareholders voting to approve the motion
Ethiopia plans to split Ethio Telecom in two
The country will sell shares in both companies, as it strives to open the country up to investment and increase competition
MTN to launch MVNO, mobile payment services in Namibia
The operator now offers direct financial services in 15 countries
Signiant extends its presence in Asia with new partner, Ideal Systems
Accelerated file transfer is now a must for media, according to Ideal Systems
MTN Uganda given conditions for licence renewal
Operator must widen its currennt 4G coverage in urban areas and cover all other areas with 3G