Sunday, January 12, 2025
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Gadgets and Gaming

BlackBerry agrees to $4.7 billion buyout

Staff Writer -
Troubled mobile phone maker BlackBerry announced late on Monday that it has signed a letter of intent (LOI) agreement under which a consortium to be led by Fairfax Financial Holdings Limited has offered to acquire the company subject to...
Mobile and Telecoms

Turkcell threatens to ‘extort money’ — MTN

Staff Writer -
MTN today condemned Turkcell's (a Turkish mobile operator), threats of using a United States legal claim to "extort money" from the South African mobile operator. MTN released a statement alleging that Turkcell refused to co-operate with their independent investigation, headed...
Mobile and Telecoms

Icasa’s deadline for mobile TV license contested

Staff Writer -
The South African Mobile TV Consortium has objected to the May 7 deadline placed by The Independent Communications Authority of SA (Icasa), claiming the time given is not sufficient for final applications. Icasa has given interested operators three weeks to...
Mobile and Telecoms

Two in race for Egyptian telecom licenses

Staff Writer -
Egypt’s telecom regulator has received bids from two consortia for new licenses to supply voice, cable and Internet services in the country. Egypt’s National Telecom Regulatory Authority did not however disclosed the names of the companies involved in the...
Mobile and Telecoms

Nigerian panel to scrutinize NITEL privatization debacle

Staff Writer -
Controversy surrounding the bidding process for state-owned operator NITEL, has lead to Nigeria's National Council on Privatization setting up a panel to further investigate the bidders involved in the privatization deal. According to Total Telecom, the seven-member panel will look...
Mobile and Telecoms

$1 billion injection into NITEL

Staff Writer -
New Generation Consortium, the preferred bidder for Nigeria’s former state-owned Nigerian Telecommunications (Nitel) Plc plans to make an initial capital injection of $1 billion (about N150 billion) into Nitel. New Generation, last week emerged the preferred Bidder for...
Top Stories

Bell Labs launches global green communication initiative

Staff Writer -
Green Touch™, a global consortium organized by Bell Labs to address eco in ICT industry, aims to create 1000-fold improvement in energy efficiency by transforming Internet and communications networks worldwide. According to Bell Labs, networks could potentially be 10.000 times...
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Latest News

Company NewsMamsi Nkosi -

Ethiopia Inaugurates First Stock Exchange

Ethiopia has officially inaugurated its first stock exchange in almost five decades. On January 10, 2025, Prime Minister Abiy...
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