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Telecommunication

New SA’s first 5G network to go live next month

Comsol, a telecommunications company backed by Nedbank, the Industrial Development Corporation and Andile Ngcaba’s Convergence Partners, will launch the first fifth-generation (5G) network in South Africa next month. The company, based in…
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Etisalat Nigeria chairman resigns

The chairman of Etisalat Nigeria, Hakeem Belo-Osagie, has resigned from the telecoms company after talks to renegotiate a $1.2 billion loan collapsed, prompting a major foreign shareholder to exit the business, two company sources told…
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Nigeria mulls intervention to rescue Etisalat

Embattled Etisalat Nigeria, a telecom giant, may get respite as key institutions are reported to be finding a solution to its financial predicament. The company has not been able to meet its financial obligation to 10 consortium of banks,…
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Rwanda slaps $8.4m fine on MTN

Rwanda’s leading telecommunications firm MTN has been hit with an $8.5 million (Rwf7.03 billion) fine by the regulator. The Rwanda Utilities Regulatory Authority (Rura) said Wednesday that MTN failed to comply with license obligations.…
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280 MTN workers in Nigeria sacked

Some 280 workers of telecommunication firm MTN in Nigeria have been sacked, according to local media reports. The Guardian in Nigeria claimed that the decision to relieve the workers of their duties was based on an agreement between those…
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