Orange completes exit from Telkom Kenya, gov’t still plans to boost stake
Orange has completed the sale of its 70% stake in Telkom Kenya to Helios Investment Partners for an undisclosed sum, 14 ...
Tag: Africa
MTN strikes deal with Nigeria to set fine at US$1.66bn
South Africa-based MTN has agreed to pay the Federal Government of Nigeria (FGN) a fine of NgN330bn (US$1.66bn) over a three-year instalment plan. The Nigerian Communications Commission (NCC) ...
Eaton sells South African sites to ATC South Africa
Eaton Towers has agreed to sell its 300 South African sites to the local subsidiary of American Tower Corp (ATC) for an undisclosed ...
Orange in talks with Millicom as part of African expansion plans
French incumbent Orange is reportedly in early talks with Millicom to buy some of its African operations as it pursues additional opportunities ...
MTN Uganda gets US$114m syndicated credit facility
Uganda’s largest mobile operator MTN Uganda has secured a five-year US$114m syndicated credit facility, the proceeds of which will be used to develop ...
Telkom’s head of strategy Miriam Altman leaves
South African incumbent Telkom has said that Miriam Altman stepped down from her role as head of strategy in March. Her departure was ...
MTN to announce new group CEO shortly
South Africa-based MTN has said the search for a new CEO is well underway and that an announcement is expected to ...
MTN boosts South Africa capex to US$757m for M&A, network upgrades
South Africa-based MTN has raised its capital expenditure target for 2016 by 50% to some R12bn (US$757m) to fund acquisitions ...
Q&A with Kash Pandya, CEO of Helios Towers Africa
In early May, independent towerco Helios Towers Africa (HTA) signed a deal with Indian giant Bharti Airtel which will see ...
Tom Gutjahr to head VimpelCom’s Djezzy
Telecoms group VimpelCom has appointed Tom Gutjahr to lead its Algerian mobile unit Djezzy, effective as of 1 July 2016. He replaces Ghada Gebara, who left at ...
