telecommunications

South Africa’s internet space is getting hotter

By Bonface Orucho, bird story agency A surge in internet connectivity and speeds will amplify opportunities within South Africa's already flourishing digital economy, executives in the sector believe. Africa-focused news platform Innovation Village reported the 2Africa subsea cable project is expected to be operational in the Rainbow Nation in 2024. “We expect 2Africa West and 2Africa East to be live by the end of the year,” David […]

6 February, 2024

Opinion Pieces

Customer experience, efficiency to drive growth of Africa’s telco sector this year

by Louis Avenant, Senior Project Manager at Itemate Solutions Africa's vibrant telco sector is set for a bumper year in 2024 as it expands operations and broadens service offerings to meet the needs of an increasingly digital-savvy customer base. Industry projections estimate the Africa telco sector will grow by $2.24-billion between 2020 and 2024, with longer-term growth expected to be powered by the rollout of high-speed 5G connectivity and a growing […]

30 January, 2024

Business / Economics

The Alexforbes Lead Story – 25 January

Melvin Angula recently made the move from telecoms to the financial services industry with his appointment as CEO of Letshego Micro Financial Services. Find out more about how the transition has been and what his plans are for the business in this Alexforbes Lead Story. https://iono.fm/e/1399819

26 January, 2024

Business / Economics

Nokia sees ‘challenging’ 2024 after profits plunge

Finnish telecommunications equipment maker Nokia warned Thursday that it expects another tough economic environment in the first half of this year after its net profit sank in the 2023. Nokia and its Swedish rival Ericsson have launched cost-cutting programmes as their customers have reduced spending amid a slowing global economy. The Finnish firm reported a profit of 679 million euros ($739 million) for last year, down 84 percent […]

25 January, 2024