Blockchain-focused private equity firm Inversion Capital has secured a $26.5 million seed funding round led by Dragonfly Capital, with participation from notable investors like VanEck, Lightspeed Faction, and […]
West Africa Telecom Boom: Investments Surge Post-Pandemic
Investment in West Africa’s telecom sector has hit its highest point since before the COVID-19 pandemic, according to ALTON Chairman Engr. Gbenga Adebayo. This surge was evident at […]
AT&T Acquires $23 Billion Spectrum for Expanded US Network Coverage
AT&T has made a significant move in the telecommunications sector by acquiring spectrum licenses worth $23 billion from EchoStar. This acquisition expands network coverage across over 400 markets, […]
AT&T Acquires $23B Spectrum: Signaling Sector Rotation in Telecom
AT&T has made a significant acquisition, purchasing $23 billion worth of spectrum from EchoStar, signaling a strategic shift within the telecom sector. This move signifies a focus on […]
Nigeria Breaks Data Records: Internet Usage Soars to 1.1 Million Terabytes
In a historic milestone, Nigeria witnessed internet consumption surge to an astounding 1,131,255.90 terabytes in July 2025, according to the Nigerian Communications Commission (NCC). This remarkable spike reflects […]
Ethiopian Telecom Forecasts 45% Growth in Earnings by 2026
Ethiopian telecommunications provider Ethio Telecom anticipates a significant surge in earnings for the fiscal year 2025/26, projecting a growth of 45.4%. This expansion is driven by anticipated increases […]
MTN Restores Network Services to 101 Sites Across Adamawa, Borno, and Kano
Following a scheduled maintenance operation completed on August 24th, 2025, MTN Nigeria has restored network services to 101 sites in 15 Local Government Areas (LGAs) across Adamawa, Borno, […]
AI Models Embrace Telecom’s Strategy Shift: Implications for Finance and Innovation
Major AI model developers, including OpenAI and Google, are investing heavily in building infrastructure mirroring the business strategies of telecom giants like cable and cellular companies. This shift […]
Idris Olorunnimbe Named NCC Chairman, New Board Members Confirmed
Nigeria’s Communications Commission (NCC) has appointed Idris Olorunnimbe as its new chairman. This appointment follows the constitution of the NCC board and the Universal Service Provision Fund (USPF) […]
MTN Uganda Reports 9.7% Profit Decline; Subscribers Surge
MTN Uganda’s profit after tax (PAT) decreased by 9.7% year-on-year to Ush 267 billion in the first half of 2025. Despite this, subscriber base reached a milestone of […]
Telkom Resumes Dividends After Years of Suspension: Growth Fueled by Strategic Actions
South African telecommunications company Telkom has reported a significant financial turnaround, achieving a 62.3% surge in full-year earnings for the year ended March 31, 2025. This robust performance […]
Fibre Cuts Cripple MTN, 9mobile Networks in Kebbi, Sokoto, Zamfara
Residents in Kebbi, Sokoto, and Zamfara states are experiencing widespread network disruptions following simultaneous fibre cuts impacting both MTN and 9mobile. As per a report from Nairametrics, these […]
RZTO Token Revolutionizes Telecom with Web3 Integration
The telecom industry faces a pressing need for transformation due to its centralized power structures. As the global telecom market is projected to reach $2.1 trillion by 2025, […]
RZTO Token Revolutionizes Telecom with Web3 Integration
The telecom industry is poised for a major shake-up as it grapples with the limitations of centralized power structures. With the global telecom market expected to reach a […]
Web3’s Impact on Telecom: Unlocking Growth for Small Businesses
Telecommunications is experiencing a revolution driven by decentralized technologies like blockchain. This shift promises not only to enhance service efficiency but also to empower small businesses and independent […]