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Tag: entrants
Ethio Telecom launches mobile money services as new entrants miss out
2021-05-12 02:00:00| Total Telecom industry news
Ethio Telecom has now announced its first foray into the realm of mobile financial services, a sector booming across the entire African continent. The service, named TeleBirr, will allow customers to make cashless transactions, including sending and receiving money, depositing and withdrawing cash from selected locations, paying bills, and receiving cash sent from abroad. Part of the motivation here is to allow the country&rsquo…read more on TotalTele.com »
Tags: out
services
money
mobile
Telco entrants to Ethiopia not be allowed to launch mobile banking
2020-12-07 01:00:00| Total Telecom industry news
Ethiopia is currently undergoing major upheaval, when a political move from Prime Minister Abiy Ahmed in November resulted in an armed uprising in the country’s northern Tigray region. The ongoing conflict has resulted in perhaps thousands of casualties. But, despite this period of civil unrest, two weeks ago the government said it would be moving ahead with auctioning new telecoms licences in December…read more on TotalTele.com »
Tags: mobile
allowed
banking
launch
Ethiopia's new telecoms entrants soon to be named
2020-11-04 01:00:00| Total Telecom industry news
Ethiopia’s telecoms monopoly is finally coming to its end, with the Prime Minister Abiy Ahmed targetting February 2021 for the final steps of opening the national telecoms market to the world Ahmed, who became PM in 2018, has long been driving for market liberalisation…read more on TotalTele.com »
Tags: to
named
telecoms
entrants
Last week in telecoms: BT and Euskaltel focus of M&A rumours, while new entrants spook the markets
2019-01-21 07:00:00| Telecompaper Headlines
(Telecompaper) There was a good deal of M&A news, last week. It helped push the TP Stock Index European Telecoms up by 0.8 percent, still behind the EuroStoxx 50's gain of 2.1 percent. The week's absolute winner was Telekom Slovenije (+17%). Turkcell (+12%) and Türk Telekom (+8.6%) did well also, as the Turkish lira jumped. The casualties of week 3 included Italy's Go Internet (-11%), Intelsat (-9.5%) and Altice Europe (-9.2%).
Last week in telecoms: feeling the impact of 5G auctions and new entrants
2018-12-17 07:00:00| Telecompaper Headlines
(Telecompaper) Spectrum auctions, 5G and new entrants dominated the news in week 50. It resulted in a drop for the Telecompaper European telecoms index of 1.1 percent, versus a gain of 1.1 percent for the EuroStoxx 50 index. Polish Play (+12%) came out strongest last week, followed by Megafon (+8.1%) and Kcom (+8.0%). Three micro caps, Forthnet (-25%), Go Internet (-15%) and Tiscali (-9.4%), featured at the bottom end. The index heavy weights, Deutsche Telekom (-0.1%) and Vodafone (-1.3%), were in negative territory as well.
Tags: new
week
impact
auctions