Saturday, January 31, 2009
Friday, January 30, 2009
Thursday, January 29, 2009
Kuwait's biggest mobile operator, which is spending billions to expand and now operates in 22 countries in the Middle East and Africa, gave no more details in a statement.
The Palestinian Securities Exchange said in a statement it had suspended trading on Paltel at Paltel's request until the merger was completed. A second Palestinian mobile network, Wataniya, is expected to come into operation this year. Wataniya is owned by Qatar Telecommunications Co and the Palestinian Authority's Palestinian Investment Fund.
He said though he would have to contact the Presidency for approval before his Ministry would embark on such a move, he was hopeful that the government would support the idea.
Speaking in an interview with The Chronicle in Accra yesterday, Mr. Iddrisu said the review was not meant to revoke the Sale and Purchase agreement that Vodafone International signed with the government of Ghana, but to ascertain whether the contract was a genuine one.
"My brother, I am not saying that we are going to take the deal from them but we are going to make sure that Ghanaians get value for their money," he reiterated. He was emphatic that government was going to evaluate and review most of such transactions that were executed by the former government.
The National Democratic Congress (NDC), while they were in opposition did not approve the $900 million Vodafone deal in Parliament, on the grounds that though they were not against the sale, the “secrecy” under which government was going about the process raises suspicions, and that some procedures did not conform to the Public Procurement Act.
The NDC questioned the basis upon which government decided to choose Vodafone Plc UK, as the sole investor to acquire majority shares in GT, while they were not part of the companies which showed interest in the deal. The Minority questioned the basis by which government exclusively negotiated with only Vodafone PIc UK, without considering other bidders who were likely to offer higher bids than Vodafone, and address the socio-economic needs of the country.
Prof. John Evans Atta Mills, the then flag-bearer of the NDC, who also joined the agitators who called for a transparent and better deal to dispose of GT to foreign interest, was or the view that the then government created a false impression about the opposition’s protest against the sale of GT.
He, said it was his plan to all citizens of Ghana, including the rural folks beneficiaries of IT.
Mr. Iddrisu indicated that there would be a lot of experts in the area of information technology, who would assist the Council to impact their knowledge for the growth of IT.
Touching on some of the reforms he intends to bring to the telecommunication industry; he gave the assurance that monies paid by Ghanaians would be worth the services rendered by the communications industry.
Wednesday, January 28, 2009
In early 2008, Bintel acquired a majority stake in Telesonique, a Swiss-based wholesale traffic company, as part of its strategy to build a reliable network of telecommunications services strategic partners. Established in 2007, Bintel has Middle East offices in Bahrain, Dubai and Lebanon and operates GSM networks in Central African Republic (since mid-2007) and Somaliland (since mid-2008).
Tuesday, January 27, 2009
Mobile phone operator Ton Tuesday reported that increased subscriber numbers, largely from non-South African operations, boosted the group’s revenues to R40,5-billion in the nine months ended December 2008.
This was a 13,7% increase in revenue when compared with the prior year.
An overall 14,3% lift in customers took Vodacom’s subscriber numbers to 37,8-million. Some 30%, or 11,3-million, of these subscribers where outside of South Africa, as the company continued its aggressive drive to grow subscriber numbers further into Africa.
"Expanding our African footprint beyond South Africa is one of the pillars of Vodacom’s growth strategy. I’m pleased to say that this quarter we reached an important milestone, with 30% of our total customer base now coming from our operations in Tanzania, the Democratic Republic of Congo, Lesotho and Mozambique,” said Vodacom group CEO Pieter Uys.
Mobile customers from Vodacom’s non-South African operations increased by 8,4% to 11,3-million at December 2008, from 10,4-million at September 2008.
Friday, January 23, 2009
Mobinil in Egypt produced by far the best result in the region, with 2.58m net adds - more than it connected in the first two quarters of the year and nearly one million more than second placed MTN Nigeria managed. The Egyptian market has been booming since the launch of the country’s third network, but as is so often the way, the incumbents have been the main beneficiaries. Vodafone Egypt was the fourth fastest growing company in the quarter, with 1.39m new customers, while Etisalat Egypt, the new entrant, only managed a gain of 310k, for 28th place overall.
An increased competitive threat also lay behind the strong performance by third placed Irancell and fifth placed TCI Iran. These two added 1.55m and 1.15m connections respectively, but this week, a third national mobile licence has been awarded to a consortium led coincidentally (or perhaps not) by Etisalat. This will have exclusive rights to offer 3G services, at least for the moment. Experience shows that agreements of this kind are rarely honoured if there is a licence fee to be had.
Kenyan companies take sixth and tenth. Safaricom, the Vodafone associate, added 1.12m new connections in the quarter to strengthen its lead over Zain Kenya. Zain remains the main threat in Kenya, but its 0.65m net adds in Q3 do not fully offset the loss of 0.98m seen in Q4 07 and Q1 08 and the company’s base is still down, year on year.
AsiaCell of Iraq and ScanCom Ghana (MTN) complete the top ten, with 0.76m and 0.72m respectively. A further 22 separate businesses added more than 0.25m new customers during the quarter, these representing some 19 different markets.
Telkom acquired the initial 75% in May 2007 at $280m. The increase in the proportionate purchase price is attributed largely to increased subscriber base over the twelve months to September 2008.
There has also been an increase in network capacity. The subscriber base swelled from 262,000 in September 2007 to over 1.7 million a year later.
The purchase price was arrived at after an independent expert was hired to asses the value.
Multi-Links operates a fixed wireless network on the CDMA platform in Nigerian cities, with a license it acquired in 2006 to offer voice, Internet and data services.
The acquisition is in line with Telkom's plans of expanding into the African market, a move that it hopes will improve upon its stagnated revenue base.
Tuesday, January 20, 2009
Monday, January 19, 2009
South African operators MTN and Neotel have signed a joint agreement to co-build a national long-distance fibre-optic network. The network will cover a distance of 5,000 km, connecting the major centres across
The first route of the national fibre network will extend from
The network will provide both MTN and Neotel with bandwidth capacity to carry more voice and data traffic at higher speeds over greater distances using less power than copper cables. MTN said that its initial network will have a capacity in the Tbps range. The initial route will assist MTN and Neotel to link up with the undersea cables such as Eassy and Seacom currently under construction along the eastern coast of