finance

Meet the panellists: Security you can bank on
We meet the industry experts who will be taking part in our forthcoming webinar in assocaition with Cybereason
ITP Technology Group, in association with Finastra, brings together thought leaders from banks and fintechs to discuss how technology is creating better outcomes and greater financial inclusion for people and small businesses in the region
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
Airtel waves mobile money fees in Kenya to combat Covid19 pandemic
The move is intended to allow people to conduct more business online, as they try to avoid unnecessary social contact
Indian telcos must pay full AGR dues now, as Supreme Court quashes DoT's request for 20 year payment terms
India’s highest court has also questioned why the Department of Telecoms has allowed the country’s telecoms giants to self-assess the amount they owe
MTN Group agrees to pay $100m in taxes as it prepares for Ugandan listing
MTN Group will also secure a licence to operate in Uganda for the next 14 years
DoT asks India’s Supreme Court to grant 20 year AGR payment terms, or risk industry collapse
Collectively, India’s beleaguered telecoms operators and internet service providers owe a combined $193 billion in AGR dues, charges and late payment penalties
5G in India is still a few years off, says Ericsson
Competitive market conditions and lack of spectrum resources is delaying the start of India's 5G journey, according to the Swedish kit manufacturer
Digital banking is a huge opportunity for telcos, with 3.6bn users by 2024
A number of large, international telcos are already offering financial services to their customers, as part of a drive to broaden their product portfolio
Bharti pays an additional $1.1bn to India’s DoT – but has it now wiped out its AGR debts?
The DoT estimated Airtel’s AGR debts to be around $4.89 billion but Airtel says it has now cleared the dues, having made a total repayment of just $2.48 billion