Just a few days after reports suggested that Egypt’s unified license regime would go live in early September, according to Reuters the country’s government has approved the concessions. In announcing the development it has been revealed that fixed line incumbent Telecom Egypt (TE) has now been given until December 2015 to divest its 45% stake in local mobile network operator Vodafone Egypt.
PCCW Global, the international operating division of HKT, Hong Kong’s premier telecommunications service provider, and Paratus Telecom of Namibia have signed an international MPLS and IPX interconnection agreement to enhance HD voice and MPLS network coverage in Namibia and neighboring countries. The collaboration will provide PCCW Global additional access to the strong developing economies of Angola and Zambia.
Airtel Kenya has announced that it has finalized an agreement with Essar Telecom Kenya Limited (ETKL), which operates as YuMobile telecom service in Kenya, for the acquisition of its part of its business in Kenya after YuMobile received approval for the transaction from Communication Authority (CA).
- Safaricom is formally seeking the approval of its shareholders to acquire various assets of Essar Telecom Kenya (yu) for KES6.9 billion (USD76.76 million). As such, the shareholder vote is expected to take place at the cellco’s annual general meeting on 16 September. According to Standard Media, the first step towards the realisation of the transaction – which will also see Airtel Kenya acquire yu’s user base – will see Safaricom fully acquire East Africa Tower Company from Essar for KES88 million; East Africa Tower Company manages Essar’s Kenyan base stations.
Olleh Rwanda Networks (ORN), a joint-venture between Rwandan government and KT Corporation Korea are set to deploy an open-access 4G LTE wireless broadband network on 1 September 2014 in the Great Lakes country.
The project stems from combination of KT’s expertise and approximately $140 million cash injection, with government’s assignment of its over 3,000 km fibre optic network, spectrum and a wholesale-only operator license.
The platform has successfully gone through a series of tests and will offer 4G connectivity to local MNOs and ISPs on a wholesale basis.
Egypt’s Ministry of Communication and Information Technology (MCIT) is said to have dated the long-awaited unified licensing regime, with it now expected to become valid from the start of September 2014. According to Daily News Egypt, which cites ministry spokesperson Mohamed Hanafy, the nation’s three mobile network operators – Vodafone Egypt, MobiNil and Etisalat Misr – have all now signed off on the licence terms after examining them.
World Panel Zambia launched solar panels that charge mobile phones as fast as a wall plug. Held at Lusaka’s Taj Pamodzi Hotel, the launch was attended by senior Zambian government officials, COMESA free-trade group leaders, US embassy officers, African Development Bank officials and the CEOs of major Zambian mobile operators. The launch celebrated the first container of World Panels that arrived in World Panel Zambia’s Lusaka warehouse.
- Fears have emerged regarding the future of Aircom (Cafe Mobile), the Cote d’Ivoire’s sixth mobile operator, with Ivorian telecoms watchdog L’Autorite de Regulation des Telecommunications/TIC de Cote d’Ivoire (ARTCI) omitting the company from its most recent quarterly statistical overview, which covers the three month period ended 31 March 2014.
Sudatel Telecom Group (STG) has announced its preliminary results for the first half of 2014, reporting consolidated EBITDA of USD75 million, an increase of 17% year-on-year and reflecting an improved EBITDA margin of 32%, compared to 27% in H1 2013.
In a press release on its website, the Khartoum-based company said revenue for the six-month period totalled USD233 million, while net income increased 41% year-on-year to USD24 million. The group’s Sudanese business accounted for 56% of revenues and 66% of active subscribers, which totalled 11.2 million as at 30 June 2014.