Telecoms News - In Brief
- Telecoms companies are losing an average of 5% of their revenue to fraud, costing the global industry about $60bn every year. The situation is no different in South Africa, and since the three cellular operators and Telkom earned combined revenues of about R106bn last year, as much as R5,3bn may be disappearing to organised crime and crooked employees. External fraud was compounded by internal fraud, with most crimes perpetrated, or aided, by an inside accomplice, said speakers at a Telecoms Fraud conference staged by IIR Telecoms in Johannesburg last week.
- Kenya’s EM Communications is investing US$6.9 million in a fixed wireless network for Nairobi and its environs. Last Monday evening the firm, known as EM Communication, launched its phone and internet service known as Popote Wireless. Speaking during the function held at the Grand Regency Hotel on Monday evening, EM Communication managing director, Eric Muthi, said that their tariffs were affordable.
- The incumbent telco that almost died has come back from the dead. The provisional board of directors of the Liberia Telecommunications Corporation (LTC) has somersaulted cancelling the government mandates for the redundancy of 660 LTC workers by May 31, 2006.