Search Results for: airtel

Airtel Kenya ventures into the TV streams market

Dianne Jacobs
Airtel Kenya has launched a TV app service to tap into streaming services market

Airtel Kenya ventures into the TV streams market Airtel Kenya a Telecom firm has launched a TV app service in the market as it moves to tap the growing demand for movie streaming services and rev up data consumption on its network. The free service dubbed Airtel TV will allow users to watch movies, documentaries, music, and cartoons, seeking a piece in a market dominated by giants Netflix, Amazon, and Showmax– which provide videos on demand. The service will be free for now, a pointer that seeks to earn money…

Telkom Kenya cancels merge with Bharti Airtel

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Telkom Kenya

Telkom Kenya cancels merge with Bharti Airtel Telkom Kenya said on Wednesday it was no longer looking to merge its business with the Kenyan unit of India’s Bharti Airtel, citing challenges in securing the required regulatory approvals for the deal reports Reuters. Bharti Airtel had said in February 2019 that its Airtel Networks Kenya unit had agreed to buy Telkom Kenya, the East African nation’s smallest operator in which the state still has a 40% shareholding after a majority stake was sold in 2007. The deal, whose terms have never…

Airtel Malawi plc intends to apply for admission to the stock exchange

Dianne Jacobs
Airtel Malawi plc intends to apply for admission of its ordinary shares to trading on the main market of Malawi Stock Exchange

Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, has announced the intention to undertake an initial public offering of its local business, Airtel Malawi plc. Airtel Malawi plc intends to apply for admission of its ordinary shares to trading on the main market of Malawi Stock Exchange. The indicative price range in respect of the Offer, as well as the exact number of Shares to be sold in the Offer, will be determined in due course. The Subsidiary will…

Airtel and Telkom merger approved

Dianne Jacobs
CAK

Kenya’s telecommunication sector is set to become a duopoly after Airtel and Telkom Kenya received approval from the Competition Authority of Kenya (CAK) to merge their businesses. The firms however have to wait for approval from the Communications Authority of Kenya (CAK), which might take awhile as the industry regulator is currently facing a leadership crisis following nullification of the board of directors appointed earlier this year.The merged operator, which will be renamed Airtel-Telkom, will now battle it out with Safaricom once the transaction is concluded. CAK yesterday gave the…

Nokia begins work with Airtel to Bring 5G Technology to the World

5G

A fast internet connection is a necessity in today’s world. Currently, the fastest available internet runs on what’s known as fourth generation  or 4G  technology. The fastest among 4G technology is called LTE, which is capable of delivering download speeds of 50mbps. However, a number of telecommunication companies (or telcos) all over the world are testing the next generation of internet technology; the so-called 5G. In India, telcos are working with Nokia to make 5G a reality. Nokia is planning on bringing 5G network to India in collaboration with Airtel and BSNL. According…

Maviance raises 3Million to digitize financial services

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Maviance raises 3Million to digitize financial services Maviance, a Cameroon-based company providing digital financial services like agency banking and bulk bill payments, has raised $3 million in equity financing. The investment is solely from MFS Africa, the cross-border fintech company connecting mobile money providers like MTN to banks like Ecobank across over 34 countries in Africa. MFS Africa’s investment gives it an undisclosed minority stake in Maviance. Maviance’s flagship product is Smobilpay, a platform that integrates payment solutions from banks, mobile money operators, and telecom operators. Smobilpay is connected to…

African Fintechs collaborate to interlink mobile money and digital assets

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The African Seychelles-based Securities, Commodities and Derivatives Exchange (SECDEX), and KOINON, the global Digital Coin and Token based payment platform, are pleased to announce a collaboration. The collaboration will foster the intersection of African B2C and B2B payments and dynamic asset conversion between fiat currencies, cryptocurrencies and a broader range of digital assets. This initiative comes at a key time in the mobile payments industry growth. As evidenced by Mastercard’s recent $100million investment in Africa’s Airtel which focuses on mobile payments and financial inclusion. latest partnership combines KOINON’s cryptocurrency digital…

Facebook to invest $57 Billion in Africa’s economy in next five years

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Facebook’s to invest $57 Billion in Africa’s Economy in next five years

Facebook to invest $57 Billion in Africa’s economy in next five years Facebook has released findings from a study conducted by Analysys Mason called The Impact of Facebook’s Connectivity Initiatives in Sub-Saharan Africa, that highlights how its investments in infrastructure and connectivity across the region will deliver over $57 Billion in Economic Benefits over the next five years (2020–2024). According to The Economist Intelligence Unit – Inclusive Internet Index 2020, over 800 million people in Sub-Saharan Africa are unconnected to the Internet. Facebook’s infrastructure investments and connectivity initiatives include the following:…

9mobile hosts a Mobile Network Operators workshop

Dianne Jacobs
9mobile

9mobile, the leading telecom operator in Nigeria, in association with Google, and Kirusa, a global leader in communication solutions over data networks for consumers and enterprises, recently hosted a workshop in Lagos for Mobile Network Operators (MNOs), Aggregators, and brands to introduce Rich Communication Services (RCS), and showcase how RCS Business Messaging (RBM) is revolutionizing enterprise communication with their consumers. The workshop was attended by over 50 attendees, including representatives from MTN, Airtel, Glo, GTB, Zenith Bank, Unity Bank, Accion Microfinance, Interswitch, and Infobip, among others. Touted as the next-generation…

Telkom Kenya now offers more data for same price

Dianne Jacobs
Telkom

Telkom Kenya has revised their daily, weekly and monthly bundles where you now get more data for the same price. This is good news for the millions of Telkom users out there who use their network everyday Some of the data bundle offerings have received a 100% hike at the same price point which is nice to see. At the low end, you can get a healthy 70MB for only KES 10 and you can get as much as 50GB of data for KES 3,000 a month up from 36GB.…