Industry Developments

Kuwaiti telecoms group MTC is on the verge of announcing an initial public offering (IPO) on the London Stock Exchange, according to media reports. The group's chief executive, Saad... 2007-07-02

BMI has written numerous times on the need for improved internet connectivity in East and Southern Africa. At present, the region is one of the only parts of the world that lacks... 2007-06-26

Nigeria's Federal Government has reversed its recent decision to increase VAT rates from 5% to 10% following vehement protests from unions. A nationwide strike kicked off on June... 2007-06-25

The government of Kenya has confirmed that it will push ahead with plans to sell a 30% stake in mobile operator Safaricom by the end of this year via an initial public offering (IPO)... 2007-06-21

Saudi Arabian-based telecoms group HITS Telecom has said that it will sell a stake in its African subsidiary HITS Africa later this year to fund part of its US$1bn regional expansion... 2007-06-18

Ghana already has one of the more competitive mobile markets in West Africa. While regional peers such as Senegal, Cameroon and Mali have just two operators each, Ghana's market already... 2007-06-15

South African incumbent operator Telkom has announced growth across all sectors in its most recent set of results, for the financial year ending March 31 2007. In the group's core... 2007-06-14

Mobile operator MTN Uganda has launched WiMAX services in Uganda, claiming that it will offer the widest network coverage and the largest bandwidths in the country. In addition to... 2007-06-13

Nigeria's mobile operators have voiced their anger at the recent hike in value added tax (VAT) on mobile services imposed by the federal government. At a meeting in Lagos held in... 2007-06-12

Pan-African mobile group Celtel is to receive US$13.5mn of funding from the Development Bank of Southern Africa (DBSA) to support the large-scale rollout of network infrastructure... 2007-06-11