The latest news coming from continental telecoms carrier, Liquid Telecom, is that it recently entered into an agreement with multi-national telecoms operator Bharti Airtel.
MTN Group, the largest telecoms entity in Africa published its interim results for the period ended June 2015. The figures released, which missed analysts expectations, showed a 4.9% % decline in revenue and an 11% drop in profits. This performance is attributed to factors that are common across the African telecoms space.
Two of Africa’s largest mobile networks, Orange and Airtel, announced that they had entered into an exclusive agreement to explore the possible acquisition by Orange of Airtel’s subsidiaries in four countries, Burkina Faso, Chad, Congo Brazzaville and Sierra Leone. Is this reflective of a tougher African telecoms environment?