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Rwanda to begin MoMo Interoperability March 15

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Effective March 15, customers of different mobile money service providers in Rwanda will be able to transact with each other by making direct payments...

Helios targets Africa’s Mobile Money billions

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Private equity firm, Helios Investment Partners is in talks with African telecommunications operators and banks about ways it can help them cash in on...

BREAKING: MTN, Mafab beat Airtel in Nigeria 5G spectrum bid

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MTN Nigeria and Mafab Communications have emerged as the two winners in a Nigerian auction of 5G-suitable spectrum, outbidding Airtel Nigeria. Each of the two...

MTN, others approved for 5G auction in Nigeria

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MTN Group and Airtel Africa’s local units were approved by Nigerian authorities to take part in a forthcoming 5G spectrum auction, with wholesale player...

Top 10 African Telecoms Companies

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This is an article culled from Business Chief first published on May 19, 2021. It shows that MTN Group is the number two biggest...

Airtel starts making profit again

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The 2020 fourth quarter fiscal report of Indian telecom giant, Bharti Airtel, ending March 31, 2021 indicate the company is back to making profit. The...

Airtel sells 800MHz spectrum to rival Jio for over $200 million

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Indian telecoms giant, Bharti Airtel has agreed to sell 800MHz spectrum in three areas to it largest rival and market leader, Reliance Jio for...

Airtel Africa mobile money unit gets $200M boost

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Airtel Africa has unveiled plans to sell a stake of its mobile money business to investment company TPG for $200 million, advancing a broader...

Airtel, Telkom Kenya cleared to restart merger talks

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A Kenyan court has revived the possibility of a merger between Telkom Kenya and Bharti Airtel’s local unit after dismissing regulatory objections which caused...

Hackers break into mobile money system, steal billions belonging to Airtel,...

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Unidentified hackers broke into the systems of Pegasus Technologies, a company that integrates mobile money transactions between telcos, banks, and other local, regional, and...

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