Latest Regional News – Page 74
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Partnerships & Alliances
Still no date for Safaricom Ethiopia launch
STE indicates it is close to reaching network-sharing agreements with Ethio Telecom. Changes to national payments law should pave way for M-PESA.
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TIM accepts Ardian bid for INWIT stake
Italian operator to sell majority of its stake in towers venture to private equity firm.
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Elsewhere in Vodafone Associates & JVs: Bharti Airtel Chairman wants “affordable” spectrum
TRAI proposes near-40% reduction across spectrum bands in upcoming auction; Vodafone Egypt acquires 10% stakes in e-payment platforms Bee and Masary.
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TMUS aims for more bucks with Bango
US NatCo builds on previous relationship with BilltoMobile.
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Elsewhere in Deutsche Telekom Europe: OTE pitches Romanian Business
T-Mobile Poland signs 15-year PPA with GreenVolt; OTE reportedly seeking to offload Telekom Romania Mobile Communications.
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Elsewhere in T-Mobile US: Deloitte selected as Auditor
TMUS follows in DT’s footsteps with selection of Deloitte as new auditor.
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Financial & Performance
“Give the competition a chance”: T-Mobile US flaunts 5G dominance, dismisses inflation concerns
Positive set of figures from T-Mobile US as operator surpasses customer gain estimates. NatCo more than keen to highlight 5G influence, claiming a ‘two-year lead’ on rivals AT&T and Verizon. Cost of living crisis a “real opportunity” for T-Mobile to “serve more people as the value leader”, says CEO ...
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Public Affairs
Net neutrality: Telekom StreamOn, Vodafone Pass ordered to close
Regulator says zero-rating add-ons breach net neutrality. German operators told to terminate services by next year. Order follows European Court of Justice ruling that the services are “incompatible” with EU law.
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M&A
Vivo eyes convergence options as Oi integration begins
Cross-selling to new Oi customer base a focus for CEO Christian Gebara as migration and integration gets underway, set to be completed in 2023. Synergies of BRL 5.4bn (£870m/€1bn) expected via efficiencies in costs, investments, and integration. Spectrum and mobile site tidy-up due this year, with half of the ...
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Partnerships & Alliances
Vodacom signs “exclusive” deal with Visa in South Africa
New contract builds on similar deal between Safaricom and Visa for M-PESA. Visa payments option likely to be available as a virtual card integrated into the recently launched VodaPay Super App.
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Partnerships & Alliances
Orange leans on DT buying ties to counter inflation
Executives lay out anti-inflation toolkit in macro risk-inflected Q1 results call. BuyIn joint venture with DT highlighted as having an important role in dampening cost pressures. African ops described as “resilient” to Ukraine war shockwaves.
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Venturing & Investments
Wayra invests in ‘Spanish Google Drive’
Cloud storage provider Internxt receives cash injection in new funding round. Security-focused business hopes to grow “even faster” with newfound support.
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Network & Infrastructure
Vodacom Tanzania targets rural areas with fibre investment
TZS 25bn investment secures use of government-owned fibre infrastructure. State wants 80% population coverage by 2025. OpCo aims to offer increased access to healthcare, education and “financial inclusion”.
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Venturing & Investments
Telefónica takes stake in deep-tech investment fund
Leadwind, launched between Telefónica and K Fund last year, raises €140m in first closing. Telefónica named largest private backer, with Spanish government’s innovation fund among public support.
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M&A
Oi sale completed following two-year wait
Consortium featuring Telefónica|Vivo, América Móvil’s Claro Brasil, and TIM Brasil concludes BRL 14.5bn deal for Brazilian operator’s mobile assets. Move will bring a “new infrastructural balance” to the market. Initial interest was mooted in March 2020, with Oi having filed for bankruptcy in 2016. Telefónica|Vivo to net 12.5 million ...
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Public Affairs
Ukrainian networks restored as Vodafone redoubles war efforts
Chernihiv and Kyiv networks back online as Vodafone Ukraine engineers continue work to ensure communications for citizens. Relief effort supported by Vodafone customer donations.
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Network & Infrastructure
“A serious tragedy”: Vodacom begins repairs following SA floods
KwaZulu-Natal flooding declared an emergency with more than 300 dead. Vodacom cites ‘social contract’ in ZAR 3m relief donation. Operators begin network restoration, with power outages a core issue after backup batteries washed out.
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EU backlash over BT nod to manage TESTA
EU-headquartered telcos reportedly up in arms over Commission’s preference for BT to manage pan-European backbone network for exchange of sensitive data. EC suspends signature of £1bn TESTA framework contract pending review of concerns raised.
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Public Affairs
TMUS ‘lost $200,000’ attempting to buy back leaked data
Reports say it’s unclear whether or not the US NatCo was aware of payments made to cybercriminals. Last year’s data breach affected nearly 55 million users.
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Strategy & Change
DT’s Greek epic: 50% OTE ownership marker in sight
DT’s stake in Greek incumbent continues to inch upwards. Albeit recently a passive development, driven by OTE corporate treasury activity, the development chimes with numerous recent signals by Group management of its commitment to Greece and willingness to raise investment. DT’s third largest market.