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South Africa raises over USD 960 million in 5G spectrum auction

Cell C, Liquid Telecom, MTN South Africa, Rain Networks, Telkom South Africa, and Vodacom have all secured spectrum for 5G services The Independent Communications Authority of South Africa (ICASA) completed a delayed spectrum auction for the provision of 5G services, in which all six qualifying...

Cellnex, American Tower expand site portfolios via acquisitions

  Spanish wireless infrastructure operator Cellnex has reached an agreement with Altice Europe and Belmont Infra Holdings, to acquire the 100% of Portuguese telecommunications towers and sites operator Omtel for 800 million euros ($890 million), Cellnex said in a statement. The acquisition also covers the rollout...

Cloud solution from ItsOn selected by MTN Group

Cloud services include contextual marketing, mobile commerce ItsOn, which provides cloud automation and virtualization services, announced an agreement with the biggest operator in Africa aimed at driving revenue through personalized content and service delivery. MTN Group picked ItsOn technology to help launch new services geared toward...

Ericsson deploys mobile wallet platform for MTN Swaziland

African operator aims to launch advanced mobile financial services Mobile telephony operator MTN Swaziland has deployed Ericsson Converged Wallet, which will enable the African telco to launch differentiated mobile financial services. The rollout is expected to benefit more than 275,000 existing MTN Swaziland mobile wallet users...

MTN eyes Visafone buy, welcomes easing of Iran sanctions

MTN Group has reportedly begun the process of acquiring Nigeria’s Visafone Communications, according to reports from Bloomberg Business citing unnamed sources familiar with the deal. Founded in 2007, Lagos-based Visafone is a wireless network provider. South Africa-based MTN, Africa’s largest mobile phone company, has been seeking acquisitions...

MTN Group to invest $123M in Ghana

MTN Group looks to support growing demand driven by mobile banking WASHINGTON – In an effort to support skyrocketing demand, South African telecom player MTN Group on March 20 announced plans to invest $123 million in upgrading and expanding its mobile data network in Ghana. Subsidiary...