Huawei, MTN Strengthen Strategic Partnership To Expand Digital Services In Africa

11 March 2019

Mergers, Acquisitions and Financial Results

Both parties have agreed to expand Active Data Growth, Rich Media Services, Mobile Financial Services, Enterprise, and Wholesale businesses from the traditional voice and data service cooperation.

Huawei and MTN have signed a business innovation MOU, jointly committing to bringing cutting edge digital services to African business and consumers. The agreement was signed in Barcelona, Spain at the conclusion of the Mobile World Congress.

Huawei has a 17-year working relationship with MTN and is the company’s most important network solutions provider. The signing of the joint business innovation memorandum is an important part of their strategic partnership.

Both parties have agreed to expand Active Data Growth, Rich Media Services, Mobile Financial Services, Enterprise, and Wholesale businesses from the traditional voice and data service cooperation.

The memorandum will move MTN and Huawei beyond the traditional trading relationship and extend cooperation in strategic research, business scenario design, joint product development, and joint solution go-to-market that will have a far-reaching impact on the implementation of the MTN B.R.I.G.H.T. strategy and the vision of achieving Digital MTN.

Source: Techfinancials