As the December deadline for the race to pick a  new core investor for the Nigerian Communications Ltd NITEL draws near, the Federal Government has picked BNP Paribas as its adviser on the deal.

President Umaru Yar’Adua has approved the acquisition of 15 per cent stake in the Nigerian Telecommunications Limited and its mobile subsidiary, the Nigerian Mobile Telecommunications Limited by the Nigerian Communications Satellite Limited.

An accord signed between the government of São Tomé and Portugal Telecom will allow the former’s telecommunications company to partake in the West African Festoon System (WAFS).

Hits Telecom was granted a mobile license last March and to date has only carried out test calls. This prompted the the Uganda Communications Commission (UCC) to issue a warning to start operations by September or loose its license.

India’s Essar Global Ltd. will invest US$500 million over two years in Kenya’s newest mobile phone service operator, Econet Wireless Kenya Ltd., to set up a network, among other things, said S. Srinivasa, the East Africa director for the group.…

With over 3.3 billion cellular phone users worldwide, companies are reassessing the way in which they reach out to their customers. The race is on to move beyond the clutter of everyday advertising to gain mindshare and the pressure of…

The Bureau for Public Enterprises (BPE) said on Thursday that NITEL board had not approved the appointment of the Chief Executive Officer (CEO) presented to the public by Transcorp Plc. recently.

During a protest yesterday over unpaid wages, President of the Senior Staff Association of Communication, Transport and Corporations (SSACTAC), Suleimaan Awalloo, threatened to shut down the SAT-3 network, which provides backbone for most of the other telecommunication companies and some…

MTN has announced that is will sell shares to Zambian institutions in order to broaden the ownership of the company and strengthen its roots in the country, said MTN Zambia CEO Per Eriksson.

Intel unveiled features of its new version of Intel-powered classmate design at the Intel Developer Forum (IDF) at San Francisco today.

In a meeting with journalists in Abuja, Bayo Ligali, CEO of Zain Nigeria has said the group will spend $1bn per annum in Nigeria till 2011. Ligali said Zain had also expanded its borderless network known as, “One Network,” from…

As power costs rise and the progress of connecting rural areas to mobile services remains slow, Kenyan mobile telecom provider Safaricom has set up 100 base stations powered by solar and wind energy at a cost of 250 million Kenya…

The government of Botswana has invested US$100 million in Africa’s second biggest submarine cable project to bolster its plans to link with Europe via the east and west coasts of Africa.

NIGERIA Telecommunication Company (NITEL), has thrown open a bid for a strategic core investor who is expected to revamp the telecom company. Transnational Corporation (Transcorp), which acquired 51 percent stakes of NITEL has been unable to turn the company around,…

Research and Markets reports that Egypt has become one of the leading Internet markets in Africa in terms of users, international bandwidth and services offered.

Globacom was adjudged the best telecoms company of the year, The best mobile company of the year and best telecoms investor of the year at the annual Nigeria Telecoms Awards, organised by Logica Communication, publishers of Telecom News, an industry…