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Airtel Gains Big in Africa, Profit Soar

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(L-r): Steven Cohen, managing director, Sage Pastel Accounting, Anton Van Heerden, managing director, Sage HR Africa, Damilola Ajibade (Mrs), sales executive West Africa and Jeremy Waterman, managing director, Sage ERP Africa, during the official  launch of Sage Software Nigeria Ltd, at the wekend
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Airtel, the Indian telecom operator with spread in Nigeria and 16 other African countries has reported robust revenue of $3,723 Million, a 15 per cent increase year-on-year for the fourth quarter ended March 31, 2012, reports Nigeria CommunicationsWeek.

Nigeria led the Africa market growth despite strike action organized by labour and civil society groups last January that brought economic activities to standstill for nine days.

 Africa revenues continued its growth trend as consolidated EBITDA margin was sustained at a robust level of 33.3 per cent benefitting from scale and cost efficiencies.

The Consolidated Net Income of $200 Million was impacted by higher costs on account of 3G license fee amortisation ($21 million), 3G interest costs ($ 17 million), forex fluctuation losses ($25 million) and tax provisions ($28 million).

Elsewhere, revenue growth of 11.6 per for the full year in India and South Asia was achieved mainly contributed by stability in pricing accompanied by robust growth in customer numbers.

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Its Africa operation having adjusted fully following acquisition from the Middle East operator, Zain grew by18.8 per cent due to investment in network expansion and a growth in customer base. Consolidated EBITDA margins for the full year dropped to 33.2 per cent, but the continent generally improved to 26.5 per cent.

Sunil Bharti Mittal, Chairman and Managing Director, Bharti Airtel was even more delighted at the milestone of 250 million customer base attained across its 20 operations in Asia and Africa.

“I am pleased that the year has ended with the company’s customer base crossing 250 million across 20 countries, the 20th being Rwanda. Our launch of 4G LTE, the first in India, is testimony to our commitment to the broadband agenda. The recent regulatory developments in India will have significant implications on the future of telephony and broadband, as well as India’s global competitiveness. The entire industry looks to the Government for a fair, transparent and sustainable telecom regime,” said Mittal.

The Indian operator acquired Zain in June 2010 for a princely $10.7 Billion. It later merged its Seychelles Island operation to the continent-wide acquisition an only recently, commenced business in Rwanda bringing the total number of Africa centres to 17.

Airtel which prides itself in low cost operational model to achieve optimum profit is already targeting achieving 40 per cent Ebitda margins in Africa.

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Mittal believes this is obtainable especially as evidenced in the latest results showing capital expenditure for the continent’s business operation at $1.5 billion in 2011, with a target of $1 billion for 2012.


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Clydestone Ghana Sues MTN Over Mobile Money

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Clydestone Ghana Plc has filed a writ of summons and statement of claim against MTN Ghana, MTN Group Limited and Mobile Money Fintech Limited, alleging unauthorized use of its intellectual property.

The company announced the court action at the Ghana Stock Exchange, confirming proceedings in the Commercial Division of the High Court of Ghana.

The case relates to work commissioned in 2007 that Clydestone alleges was later used without authorisation or compensation.

Clydestone said the claim involves proprietary intellectual property, confidential commercial information and operational methodology developed during the engagement. The company is seeking declarations, damages and equitable remedies.

In a statement, Clydestone said MTN Ghana engaged it in 2007 to develop a commercial and operational framework for a mobile money business.

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“The work was developed and delivered by the company’s founder and Group CEO, Paul Jacquaye, and included a full mobile money ecosystem covering the commercial model, operational architecture, implementation methodology and business case.”

Clydestone said the work was commissioned on the understanding that a non-disclosure agreement and memorandum of understanding would be signed.

It alleges these agreements were not finalised despite repeated requests.

The company further alleges MTN Ghana later used its proprietary work and methodology without authorisation or compensation, including in MTN Mobile Money Ghana and other markets.

Clydestone said the alleged use has continued since the launch of MTN Mobile Money Ghana in 2009.

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“The wrongful use of that work has been ongoing since 2009. What has changed is the availability of independently verifiable information that documents its scale and commercial significance,” the company said.

It cited the GSMA State of the Industry Report on Mobile Money 2026 and MTN Ghana’s 2025 annual report as evidence of the platform’s scale.

According to Clydestone, the reports show approximately 19.3 million active users and annual revenue of about GHS 6.0 billion ($516m).

The company said it reviewed its records following these publications and concluded there were sufficient grounds to initiate legal proceedings.

It added that it has received no payment or acknowledgement for the work since December 2007, and that pre-action correspondence in 2026 received no substantive response.

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“The Board of Directors has unanimously authorised the commencement of these proceedings,” the company said.

Jacquaye said: “This case is about accountability for commissioned intellectual property.

“When independent publications in 2025 and 2026 revealed the scale of the mobile money business, we reviewed all documentation relating to the original engagement and concluded these proceedings were necessary.”

MTN Group Limited, named as a defendant, had not commented at the time of publication.

 

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Operators Divert Rollout Equipment to Fix Sabotaged Delta Assets Amid Spares Shortage

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In a development that underscores the fragile state of Nigeria’s telecommunications grid, an incident of infrastructure vandalism in Delta State has severely disrupted network connectivity, leaving thousands of subscribers stranded.

Operators Divert Rollout Equipment to Fix Sabotaged Delta Assets Amid Spares Shortage

The breach, where a robber attacked the sites, occurred at an IHS-managed telecom node in the ASB region on July 8, 2026, immediately knocking 33 base stations offline across 2G, 3G, and 4G spectrums.

The situation in the region escalated drastically by morning when a separate fibre-optic cable cut severed primary transmission lines. Because the compromised node serves as a critical fibre convergence point, the secondary fibre cut triggered a cascading failure.

This secondary disruption ballooned the number of dark sites from 33 to 103, temporarily paralysing digital communications, banking, and commerce in the affected communities.

Industry sources reveal that the financial and logistical toll of such incidents is becoming unsustainable for Mobile Network Operators (MNOs).

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Currently, network providers are utilising 20 per cent more spare parts than initially budgeted for the fiscal year.

This unpredictable depletion of technical reserves has stripped operators of their supply buffers, making inventory management and financial forecasting increasingly difficult for telecom executives.

Consequently, engineering teams have been forced to cannibalise materials originally designated for network expansion and new site rollouts just to perform emergency restorations on the damaged sites.

This diversion of resources significantly delays the rollout of new infrastructure, stifling the nation’s broader broadband penetration targets and stalling anticipated revenue generation for the telecom companies.

The Nigerian Communications Commission (NCC) recently noted an average of 1,744 weekly attacks on telecom infrastructure nationwide, including over 1,100 fibre cuts.

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As operators endure protracted back-and-forth negotiations with insurance firms to cover these sudden hardware losses, stakeholders are intensifying calls for the strict enforcement of the Federal Government’s recent designation of telecom assets as Critical National Information Infrastructure (CNII) to safeguard Quality of Service (QoS).

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Fact-Check: Elon Musk’s “Tesla Pi Phone” is Internet Rumor

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Viral rumors about a “Tesla Pi Phone” a  new phone, being developed by Elon Musk,  CEO and largest shareholder of Tesla and SpaceX, are entirely fake.

Fact-Check:  Elon Musk’s "Tesla Pi Phone" is Internet Rumor

AI Generated Tesla Pi Phone and Elon Musk

Instead, the tech giant said on Monday it has filed an application with the US Federal Communications Commission for permission to deploy the constellation by 2028.

It said the system would provide voice, messaging, data and emergency services.

A quick fact-check revealed that Tesla Inc. has never manufactured, developed, or released a smartphone.

Videos and articles claiming a release (often priced between $150 and $800 with solar charging or satellite-only connections) rely on AI-generated concept art and recycled internet hoaxes dating back to 2021.

Musk has only mentioned a phone in hypothetical remarks, stating Tesla would build one only if major app stores completely blocked or censored essential apps like X (formerly Twitter).

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On Monday however, his company said that “Amazon looks forward to delivering on the promise of D2D [direct-to-device] connectivity, including to the millions of people living, travelling and working in places beyond the reach of existing networks today,”

The filing is the first step from Amazon into satellite mobile connections, which has until now been dominated by SpaceX’s Starlink service.

Musk’s group has signed partnerships with existing operators such as T-Mobile US and the UK’s Virgin Media O2 to provide phone services for customers where their conventional networks do not reach.

Starlink operates across more than 150 countries, offering high-speed internet connections through its constellation of satellites.

 

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