Tunisie Telecom, Vodafone enter new partnership

Vodafone first
for N Africa

Partnership with
Tunisie Telecom.

Sunday, Jul 22nd

Bharti Airtel pursues Tigo Rwanda deal

Bharti Airtel pursues Tigo Rwanda deal

Following the successful merger of Airtel and Tigo in Ghana, Bharti Airtel and Millicom International Cellular SA have extended their partnership to Rwanda where Airtel has reached an agreement with Millicom to acquire 100% of Tigo Rwanda.

The latest step in Millicom's exit strategy in Africa is gaining momentum, despite several setbacks with the planned sale in Senegal.

Going forward, Millicom plans to focus on Latin American that it considers to be more buoyant.

While Airtel is already operating in Rwanda, the company believes the move to acquire Tigo will help consolidate the local market and elevate its position.

Sunil Bharti Mittal, President of Bharti Airtel, said, "These measures will consolidate and reorganise the market structure in the remaining countries where its activities are lagging behind due to declining market shares and the presence of too many operators."

" Airtel and Tigo have already merged their operations to create a strong and viable entity in Ghana. Today, a new milestone has been reached to acquire Tigo Rwanda to become a profitable and strong challenger in a two-player market. We are also committed to ensuring the long-term viability of our operations in two other countries, Kenya and Tanzania, to ensure that by 2018, all of our operations in Africa begin to generate positive margins and cash flows."

ALSO ON ITWEB AFRICA

Tank Industries. OSP Range - solutions through products Published on 19 July 2018

Specialist manufacturer of telecoms, fibre optic, power and electronics accessories Tank Industries proudly introduces its range of OSP products including customer premises units, indoor & outdoor distribution boxes and slack bins.

Kenyans vent over new drone laws Published on 08 March 2018

Some describe regulations as 'costly' and an obstacle to innovation.

Uganda's UCC, telcos clash over network monitoring technology Published on 09 July 2018

Intelligence Network Monitoring System set up to track operator activity.

Regulatory dust settles for MTN in burgeoning Rwanda Published on 19 July 2018

Group CEO outlines current market conditions, mobile internet challenges and ambitions for continued African expansion.