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MTN Launches Mobile Money Transfer In Uganda

The MTN Group has announced that the successful launch of Mobile Money Transfer (MMT) in Uganda marks the beginning of a series of planned launches across its operations in Africa and Middle East.

The product, called MTN MobileMoney, is a convenient, secure and affordable way for MTN subscribers to send money, buy airtime and pay bills using their cellphone.

Whether users have an existing bank account or not, they can register for MTN MobileMoney as long as they are MTN subscribers. Those who do not have MTN SIM cards or even a phone can still receive money from MTN MobileMoney users and send money through a network of agents in their country.

MTN has been piloting MMT services through MTN Uganda and at the Group's West and Central Africa (WECA) region operations (Cameroon, Ghana, Cote d'Ivoire and Nigeria) since October 2008.

Five additional pilots were recently launched in Benin, Congo Brazzaville, Guinea Bissau, Guinea Conakry and Liberia. The pilots are aimed at waterproofing the systems and operational processes in preparation for the commercial launch.

In each market, MTN has partnered with local banks to ensure that its MMT services are fully compliant with financial services regulations. Discussions are currently on-going with relevant authorities in various countries to ensure that all regulatory requirements are met.

MTN Group Executive, Corporate Affairs, Ms Nozipho January-Bardill: “The piloting of MTN's MMT services reaffirms MTN's leadership in telecommunications and the company's commitment to providing products and services that meet customers' needs and expectations.

“We believe our MMT offering will make money transfer and basic payments more convenient and more affordable to our subscribers. We acknowledge our partner banks and the banking regulators in our different markets for the enthusiasm and support they are giving us.”

 

Ghana's Glo Mobile Partners ZTE


Globacom's mobile subsidiary in Ghana, Glo Mobile is partnering with Chinese vendor ZTE to deploy additional access network infrastructure including 800 indoor and outdoor Basic Trans-receiver Stations (BTS) for its imminent roll out.

A report by Modern Ghana said the Ghana access network, ZTE, is deploying for Glo is separate from the deployments Alcatel-Lucent and Huawei already handling for Glo. In addition to the 800 BTS, the ZTE deployment also includes three Base Switching Centres (BSCs), 45 NodeB, two RNC, 162 PDH MW links, EDGE and HSPA, OMCs, planning and optimization tools.

ZTE will also install for Glo, the Accra metro fibre backbone configuration; spanning Accra-Kumasi-Takoradi, Accra-Ho, Kumasi-Sunyani, and Kumasi-Tamale. Other cities and roads to be covered by Globacom, in its strategic partnership with ZTE, are in the Brong-Ahafo region.

Globacom's Executive Director (Special Projects), Mike Jituboh, was quoted as saying that the microwave transmission extension Glo was deploying would ensure voice and data clarity and eliminate bottlenecks usually encountered with pre-expansion technology.

The new network elements, with multi-media components will be linked to the Glo 1 submarine, Optic Fibre Cable, thereby providing a golden opportunity for Ghanaians to establish private call centre operations with attendant economic benefits to the people.
The Glo 1 submarine cable will have landing stations in London, New York, Lisbon and major cities in 16 other African countries including Accra, Dakar and Lagos.
The Glo 1 submarine cable is expected to land in Ghana shortly.

   
   

Zain Customers Raise $85,000 For Mandela Foundation

African Icon, Dr. Nelson Mandela may have stepped out of public life but his huge statesman stature remains largely undiminished in the hearts of many Africans. |

Customers of Africa and the Middle East leading telecom company, Zain, showed just how hugely the icon of freedom is to their hearts when he celebrated his birthday last year by sending mammoth amount of SMS to wish him well.

According to Zain, its customers raised more than $85,000 for the living legend's Foundation, 46664 through SMS (Short Message Service) sent in response to the company's call for mobile phone users to send birthday greetings to Nelson Mandela as he celebrated his 90th birthday.
Responses came from mobile phone users in Nigeria, Kenya, Tanzania, Zambia and many other African countries.

The Chief Executive Officer for Zain Africa, Chris Gabriel handed over the funds raised through the SMS campaign to the Foundation recently.

Speaking during the cheque presentation ceremony, Gabriel said: “This money, raised solely by our loyal customers, is proof that Dr. Mandela holds a special place in the hearts of many across Africa.”

Thousands of customers responded with the largest number coming from Tanzania, which for several years hosted the African National Congress when they were in exile.

The Nelson Mandela Foundation is committed to consolidating and propagating Dr. Nelson Mandela's legacy. The Foundation through the Centre of Memory and Dialogue as its core work, contributes to the creation of a just society by promoting the vision, values and work of its Founder and convening dialogue around critical social issues, while continuing to provide support to its Founder.

In addition to the fundraising effort, Zain was also one of the main sponsors of the Mandela Music Concert featuring many global recognisable faces in music, Sports, movie industry, Politics, etc, at Hyde Park, London, to celebrate Mandiba's birthday.


Orascom Reports 76% Slide In Net Profit

Egyptian telecoms group Orascom Telecom has revealed a 76% slump in net profit for the twelve-month period to 31 December 2008 to EGP2.46 billion (USD431 million). The company attributed the fall to exceptional one-off gains made in the 2007 fiscal year.

In 2007 Orascom generated USD761 million from the sale of its Indian operations, as well as USD920 million after divesting its interest in Iraqi cellco Iraqna. Revenue for the group however rose 13% year-on-year to EGP29.2 billion, whilst earnings before interest, tax, depreciation and amortisation (EBITDA) were up 15% against the same period last year at EGP13.1 billion.

Whilst the majority of Orascom's subsidiaries reported revenue, EBITDA and subscriber growths, Mobilink, the group's Pakistan-based cellco, underperformed, reporting a 4.4% and 11.4% decline in revenue and EBITDA respectively as it lost more than two million subscribers over the year.

Overall subscriber figures for the group rose 11% year-on-year to reach approximately 78 million, led by its Egyptian cellco Mobinil, which added almost five million customers in the year, a 33% increase against end-December 2007.

Banglalink, the company's Bangladeshi arm reported a 46% increase in customer numbers, adding more than three million to surpass the ten million total.

 
 
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