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Safaricom share price drops by 30%
Safaricom’s share price has dropped 30%, the highest since issued in June. The Chief Executive of the mobile operator said its recovery depends on stable world markets. According to Reuters, Kenya’s most profitable firm first saw its share price soar…
Orascom Telecom agrees to resell Nokia’s Ovi Platform
Orascom Telecom and Nokia have announced a cooperation to make Nokia’s mobile content platform, Ovi available to Orascom Telecom customers in its countries of operation. Orascom Telecom operates GSM networks in Algeria (Djezzy), Pakistan (Mobilink), Egypt (Mobinil), Tunisia (Tunisiana), Bangladesh…
RTGs: Wise technology put to wrong use in Zimbabwe
THE introduction of the Real Time Gross Settlement System (RTGS) a few years ago further enhanced the country’s reputation for having one of the most advanced banking systems on the African continent,
WiMax remains the next-generation solution for Africa
It may be five or more years into the future, but the prospect of next-generation, ultra-fast 4G services has certainly piqued the interest of experts and operators.
Telecoms sector growing despite global financial turmoil
Despite perturbations in global financial markets, worldwide telecommunication industry revenues are predicted to continue growing at a healthy eight percent over the next five years, according to a new market analysis study from INSIGHT Research Corporation.
Globecomm Systems Awarded Contract from Atlantique Telecom
Globecomm Systems Inc. (NASDAQ: GCOM), a leading provider of satellite-based communications infrastructure solutions and services on a global basis, announced today that the Company has received a contract from Atlantique Telecom to develop a VSAT network connecting seven GSM mobile…
Zain announces 7% increase in profits
The Zain Group has increased its third quarter profitability by 7%, the company announced in a statement released yesterday. The Kuwaiti phone company with operations in 22 Middle Eastern and African countries with subscriber base of more than 56 million.
Safaricom: Kenya’s highest tax payer
Safaricom has been named the highest tax payer in Kenya after contributing 19.9 billion Kenyan shillings (US$256,000) to the Treasury in the last financial year.
Neotel challenges Telkom
Neotel has launched a home phone service for consumers with local peak rates to all landlines at almost half the price consumers are currently paying. The service uses Neotel’s state of the art CDMA network, with crystal-clear voice quality.
Uganda to benefit from EU’s $100million ICT fund
UGANDA is to benefit from $100m from the European Commission (EC) to support developing countries in the growth of information communication technology (ICT).
Sahara nets mobile prestige with latest netbook offering
Sahara Computers has launched a new 8-inch netbook to address the growing demand for product within what analysts describe as a high-volume, burgeoning market segment.
Etisalat targets $10 monthly revenue from Nigerian subscribers
Etisalat, Nigeria’s fifth GSM operator, estimates it will make a monthly average revenue per user (ARPU) of about 10 dollars from its Nigeria operations which kick off commercially next week. Mohammad Omran, Etisalat Group’s chairman, gave the projection while speaking…
Mobile web usage increases in Africa
Mobile users in Africa are increasingly utilising their handsets to access the internet, according to a new report.
Broadband VoIP system revolutionises business communication
A new Voice over IP system is taking the local markets by storm by offering a simple answer to the need for a reliable and cost effective communication system for businesses nationwide.
Mascom partners with MTN
Mascom has entered into an agreement of preferential regional roaming rates with a South African services network provider, MTN, for both data and normal voice services.
Kenya’s bandwidth subsidy to boost BPOs
Business process outsourcing and call centre operators will enjoy a 20 per cent saving on their operational costs — thanks to a government subsidy on bandwidth.
