MTN Considers Axian Telecom Bid MTN is considering a bid from Axian Telecom for its operating units in West Africa, specifically Guinea-Bissau, Guinea-Conakry, and Liberia. The potential deal is aligned with MTN’s ongoing efforts to reshape its portfolio, and the three units collectively account for 6.1 million of MTN’s customers and contributed to 0.7% of EBITDA. MTN’s first quarter financial results reported an 8.6% EBITDA growth and revenues of ZAR52.8 billion ($2.8 billion), a 15.6% YoY increase. With discussions with Axian Telecom still at an early stage, any announcement on a final agreement might not be expected soon. Read the full article. Deutsche Telekom Sees Q1 Success Deutsche Telekom (DT) has raised its earnings guidance for 2023 to around €40.9bn, up from its previous forecast of €40.8bn. This follows strong Q1 results, with the group’s US business T-Mobile US a key driver behind the raised forecast, having recently raised its…
Latest Posts:
- The Best VoIP Tools for Travellers and Digital Nomads
- A quick roundup of the news in Telecoms | Week #30
- UK and India Launch Major Tech Security Initiative
- Hrvatski Telekom Implements First SA 5G at Rijeka Port
- NVIDIA Launches AI Foundry and NIM Microservices for Enterprises
- Soracom Launches AI-Powered Tools to Transform IoT Management
- Indosat Ooredoo Partners with Garuda for Digital Transformation
- Kontron and Amarisoft Launch Durable 5G Solution for Defense
- Bridge Alliance and Singtel Launch API Exchange Platform
Tag