Africa & Middle East – Page 7
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Weekly BriefingsVodafonewatch Weekly: subcontinental drift continues with Vi equity offer and Indus rumours
Latest from Vodafone and its ecosystem, including an equity proposal to Ericsson and Nokia in India, and news of a potential Indus Towers stake sale to boot as Vodafone continues to ratchet down its presence in the subcontinent. UK merger faces more backlash from rivals; Partner Markets welcomes newcomer; 2Africa subsea cable reaches British shores; plus more from Germany, Ireland, Ethiopia, beyond…
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Public AffairsEU trains regulatory spotlight on e& over CEE expansion plans
European Commission opens probe into UAE‑based operator’s planned PPF transaction amid “alleged subsidies” concerns.
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Network & InfrastructureVodafone links 2Africa subsea cable to UK hub
Vodafone onshores another section of 2Africa submarine cable, this time in Cornwall.
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Weekly BriefingsVodafonewatch Weekly: ex-OpCos begin turnaround; venturing moves in Europe, Africa
Latest from Vodafone and its ecosystem as the Group completes in Spanish exit and hears news of a turnaround from another former OpCo in Hungary, while prospective new ownership in Italy makes more M&A moves. Startup incubation and acceleration is brought to the fore in Portugal and Kenya; open RAN updates with partnerships in tow; drones take flight in Germany; and plenty more…
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Weekly BriefingsVodafonewatch Weekly: African infra in spotlight, Spanish retreat complete
Latest from Vodafone and its partners and interests as Spanish exit completes, Shared Ops leadership adjusted, and climate plans pushed back. In Africa, infra-sharing is on the cards, but Vodacom’s in-progress South African fibre deal faces backlash…
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Network & InfrastructureVodacom sues regulator and MTN over alleged improper spectrum sharing
Suspicions on MTN’s perceived overperformance in Ookla testing prompted Vodacom to investigate its rival’s spectrum practices, and allege malpractice in new court filings.
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PeopleVodafone Peoplewatch: Shared Ops overhaul prompts further procurement shuffle
30+ senior/strategic appointments across Vodafone Group worldwide, including: knock-on effects of ongoing Shared Operations restructure; BizDev leader Philippe Vogeleer’s departure; and new CFO at Vodafone Investments. Vodafone Germany turns attention to Broadband & Entertainment, while Business makes regional changes across Europe. Plus lots more on product and finance fronts, and in Africa, Europe, and Group HQ…
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Network & InfrastructureSafaricom Ethiopia sources locally made towers for network rollout
Safaricom Telecommunications Ethiopia hailed a “new era” for the country’s telecom sector as it prepares to install the first homegrown towers that come with same quality but lower price than imported equivalents.
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Strategy & ChangeVodafone clarifies climate ambitions, pushes net zero back five years
With the publication of its first Climate Transmission Plan, Vodafone delivers more concrete information on the Group’s decarbonisation plans and expectations, but downgrades an ambition to reach Scope 1&2 net zero.
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Weekly BriefingsInfrawatch Weekly: Project Gigabit acceleration, African expansion, and 5G streetlights
Latest from the digital infra scene in the UK and beyond, including: drone‑enabled 5G and IoT hidden in streetlamps; ongoing network and service building in Africa; Openreach eyeing under‑delivering Project Gigabit contracts; and plenty more…
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Weekly BriefingsVodafonewatch Weekly: nip and tuck all part of the plan, as CEO evinces optimism
In-depth analysis of FY23−24 results as Margherita Della Valle attempts to paint rosy picture of shrinking Group. Storm still to come in Germany, but Spanish exit secured, and confidence around UK merger prospects. Significant developments across (re-shaped) footprint include: changing leadership; strategic partnerships; and an M-PESA spin-off update…
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Financial & PerformanceIHS Towers targets $1bn from asset disposals
Tower group’s chief executive announces ten-digit goal for proceeds from business sales, amid ongoing strategic review.
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Financial & PerformanceVodacom parries ‘big knocks’ as it battles for growth
Vodacom CEO Joosub focuses on the big picture and promises digital services-driven future growth as macroeconomic headwinds take the gloss off the Group’s FY23-24 performance, and low earnings hit the dividend.
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M&AVodafone−Three welcome deal’s security clearance as focus turns to antitrust
UK government green-lights merger (with caveats) after conducting security review, but Vodafone−Three are far from celebrating as the CMA’s investigation steps up a gear and leaves consolidation in doubt…
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Financial & PerformanceSafaricom dials down Ethiopia spending plan as loss drags Group profits
FY23–24: Safaricom slashes five-year investment target for Ethiopia, commits to tightened spend to weather challenging macro environment, but remains positive on progress and outlook.
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Strategy & ChangeAmerican Tower eyes US expansion of Power as a Service in efficiencies pursuit amidst M&A hiatus
ATC looks to ship high ROI ‘Power as a Service’ learnings to US market, having proven benefits in Africa, and to transfer US automation credentials to other geographies. Hunt for global efficiencies may also lead to monetisation of sub-scale assets, with focus on operational excellence meaning “nothing compelling” to buy, for now…
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Network & InfrastructureVodafone kicks off mega RAN tender for Europe and Africa
Tender puts vendors on tenterhooks as Group starts procurement process for radio networks covering its 170,000-site footprint, while trials complete in Italy with Nokia in tow.
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Weekly BriefingsVodafonewatch Weekly: M&A success in Africa; funding milestone in India; Microsoft getting AI-cosy in Paddington
Latest from Vodafone and its ecosystem, including: long-awaited acquisition in Tanzania that looks to be good business for Vodacom; initial answer to funding questions at Vi via Vodafone partner ABG; developments across the Group’s European operations; and more…
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M&AVodacom Tanzania snaps up rival Smile as Saudi investors cut losses
It’s all Smile(s) as Vodacom completes acquisition of small Tanzanian operator with attractive spectrum holding and 4G network presence. Vodacom Tanzania acquired local rival Smile for TZS 68.8bn (£22m/€25m) just two years after Saudi investors spent $235m+ on a rescue deal. The deal delivers access to Smile’s 800MHz and ...
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Public AffairsEnforced M-PESA spinout delayed by Safaricom $575bn tax exposure
Tax complication delaying spinout of transformational and potentially highly valued African mobile-money pioneer; Central Bank Governor keen to make faster progress on resolution, amidst desire to navigate its local dominance. Read more…