Two companies with extensive fiber across Europe have teamed up to upgrade the high profile route within the Channel Tunnel. Colt won a 25-year deal to operate the infrastructure within the tunnel a year and a half ago, and EXA’s participation will help them monetize that deal further. … [visit site to read more]
Mar, 2023
euNetworks Buys Belgium’s Business Branch

Mar, 2023
Mobile money drives MTN Uganda profit rise

It seems that mobile money is a major driver of an impressive set of figures from operator MTN Uganda, the country’s largest telecom company, which has a subscriber base of about 17.2 million, and is part of the pan-African MTN Group.
In fact the rise announced – a 20% rise in pre-tax profit for the full year 2022 – was boosted by financial technology and data services, according to the company. Fintech and data service sales led a rise in pre-tax profit to 591 billion shillings ($160 million) from 491 billion shillings in 2021. Fintech revenues and data service revenues both increased by roughly a quarter.
Much of this is about mobile money services. As in much of East Africa, mobile payments have grown tremendously over recent years in Uganda as businesses have embraced cashless payments and e-commerce in response to the coronavirus pandemic.
MTN Uganda says some of the businesses that have embraced the MTN Mobile Money (MoMo) offering include supermarkets, pharmacies, restaurants, hardware shops, fuel stations and salons among others.
In fact MTN Mobile Money Uganda recently announced a MoMoPay Merchant milestone with the number of businesses on the service crossing the 200,000 mark. MoMoPay enables merchants to receive payment for goods and services using MTN Mobile Money.
MTN Uganda listed on Uganda’s stock exchange in December 2021, although, as Reuters points out, its initial public offering was undersubscribed.
The nearest rival to MTN in Uganda is Airtel. Statista says that in the second quarter of 2022 MTN held a majority of the share of mobile subscriptions in Uganda with 53%. Airtel reached 42% in 2022.
The other operators are Uganda Telecom and Lycamobile. Africell exited Uganda in October 2021.
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EQT acquires SKT’s former cybersecurity unit for $1.5bn
News
The deal will see private equity firm EQT Partners take a 67% stake in SK Shieldus
The deal will see EQT acquire the entirety of Macquarie Group’s 37% in the business, with the rest of the equity being purchased from SK Square directly.
After the sale, SK Square will retain a 32% stake in the business.
SK Shieldus currently provides security infrastructure across 680,000 commercial customer sites and more than 100 central monitoring and dispatch centres across South Korea. The company also provides options for both physical and cyber protection at strategic customer locations.
The company’s key partners include South Korea’s police and security services.
“The company is a clear leader in both the Korean physical and cyber security markets and EQT Value-Add Infrastructure is excited about partnering with SK Square to support SK Shieldus as it continues to roll out new digitized security solutions and invest in the decarbonisation of its vehicle fleet,” said Sang Jun Suh, Managing Director and Head of South Korea for EQT’s Infrastructure Advisory Team.
As always, the transaction is subject to the typical regulatory approvals, with the deal expected to close in Q3 this year.
Originally named ADT Caps, SK Shieldus spun off and given its new name back in 2021, with the company saying it would leverage artificial intelligence, cloud computing and quantum-safe security capabilities, the company will double down on new growth engines. Its four major focuses were given as cyber security, physical security, convergence security and safety and care.
Following the spinoff, SK Group quickly planned an initial public offering worth around $2.8 billion. However, in September last year, SK Group said they had pulled the plug on a plan citing unfavourable global economic conditions.
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Also in the news:
Viasat–Inmarsat merger gets provisional greenlight from CMA
Verizon shuffles executive team in search of growth
Ericsson to pay DoJ $206.7m over bribery scandal
Mar, 2023
Infinera Tests Some Long Distance 400G With Arelion, Corning
Infinera revealed a couple of interesting trials yesterday. They went after the longhaul, both in the field with Arelion and in the lab with Corning. They have been stretching the reach of their 400G wavelength technology, leveraging their ICE-X pluggable solution. … [visit site to read more]
Mar, 2023
Rakuten Symphony forges new partnerships with Salam and Zain in Saudi Arabia

Two Saudi service providers have signed deals with Rakuten Symphony as they look towards their next generation of mobile networks.
Salam has signed a strategic alliance framework agreement that will see Rakuten Symphony provide Open Radio Access Network (Open RAN) and network planning, implementation and operation services while Zain KSA has signed an MoU to enable strategic collaboration in building next-generation telecommunications networks based on open standards and network infrastructure.
Under the Salam agreement, Rakuten Symphony will provide platforms, expertise and services relating to 4G and 5G Open RAN technology. The alliance will allow for delivery of software, hardware, service delivery platforms and managed services in several areas, including e-commerce, fintech, mobile banking, big data and digital content.
Ahmed Al-Anqari, CEO, Salam, said: “Our strategic alliance with Rakuten will power Salam’s ambition to transform our existing mobile offering with richer customer experiences and unlock new possibilities for Saudi Arabia’s digital generation in support of the Kingdom’s digital transformation journey.”
Under the MoU signed with Zain KSA at Mobile World Congress 2023, Rakuten Symphony will deliver mobile network services through the use of open technology that will facilitate wireless infrastructure. The firms will collaborate on a blueprint for a cloud-native, fully virtualised, new-generation radio access solution architecture, which will be Open RAN 4G and 5G-based with advanced automation capabilities.
Zain KSA Chief Technology Officer, Abdulrahman Al-Mufadda, said: “This collaboration will leverage and maximise the strengths of Zain KSA and Rakuten to accelerate innovation and drive the Saudi ICT sector toward achieving Saudi Vision 2030’s goals to transform the Kingdom into a digital hub that fosters a digital economy and hyper-connected society.”
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Egyptian govt looks to sell 10% stake in Telecom Egypt
News
The shares will reportedly be made available to both foreign and domestic investors
This week, sources speaking to Reuters report that the government is looking to offload a 10% of its 80% stake national network operator Telecom Egypt.
At its currently share price, this stake would be worth around $150 million.
According to the report, the government will be open to both domestic and foreign investors.
The news of a stake sale should come as no real surprise. The Egyptian government is going through something of a financial crisis, having become an indirect victim of the Russian invasion of Ukraine when investors quickly withdrawing around $20 billion in foreign capital at the start of the conflict. The resulting dollar scarcity left the government on shaky financial footing, resulting in an agreement with the International Monetary Fund for a loan of $3 billion late last year.
In part due to these financial troubles, the Egyptian government has placed a renewed focus on monetising state-held assets, aiming to raise $10 billion annually for the next four years through various sales.
Back in October, it appeared likely that one such sale would be to the Qatar Investment Authority (QIA), having initiated talks to purchase 20% of Telecom Egypt’s stake in Vodafone Egypt. As the year drew to a close, these discussions had evolved to encompass a bigger stake purchase, rising first to 25% and finally to the full 45% stake held by Telecom Egypt.
By last month, however, these discussions had reached something of an impasse, with the Egyptian government seeking to sell at the share’s improved price, while the QIA was insistent on moving forward with the company’s earlier valuation.
These discussions are still ongoing.
In related news, Vodafone Group itself transferred ownership of its 55% stake in Vodafone Egypt to Vodacom Group at the end of 2022.
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Also in the news:
Viasat–Inmarsat merger gets provisional greenlight from CMA
Verizon shuffles executive team in search of growth
Ericsson to pay DoJ $206.7m over bribery scandal
Mar, 2023
Windstream, Acacia Put a Terabit to the Test
Now is the season for next generation equipment trials, and today we saw one of the first indications of the coming Terabit wavelength era. Windstream Wholesale put Acacia’s latest optical technology to the test, successfully demonstrating some big bandwidth on a live network. … [visit site to read more]
Mar, 2023
Ericsson signs private 5G reseller deal with South Africa’s Comsol

Ericsson has signed a reseller agreement with South African service provider Comsol to provide the Ericsson Private 5G solution; this will enable Comsol to expand its enterprise business within South Africa’s mining industry.
Comsol, which describes itself as a leading provider of guaranteed, dedicated and high-speed, last-mile connectivity and private networks, will receive the right to resell the high-speed wireless networking solution to customers across South Africa’s mining industry.
With Ericsson’s high-end connectivity solution and Comsol’s expertise in mining and systems integration, this collaboration is set to help the nation’s mining industry improve worker safety, increase operational efficiency, and realize its sustainability goals.
Ericsson Private 5G is Ericsson’s next-generation private network solution providing secure and reliable 4G and 5G connectivity through its single server dual mode core. Built for business operations, the solution comes pre-integrated to ensure rapid time to use and turning on advanced and intelligent operations in any environment.
Helping the mining industry gain robust 4G/LTE and 5G standalone (SA) connectivity, the solution will also help Comsol’s customers optimize and simplify business operations through data creation, collection, and analysis. This solution will enable Comsol to provide reliable and secure communication while connecting people, industrial sites and devices.
Ericsson has successfully delivered a proof of concept (PoC) implementing the Ericsson Private 5G solution as a pre-packaged standalone implementation of the Ericsson Dual Mode Core, which supports end-to-end cellular data-only services focusing primarily on enterprise applications.
The Ericsson Private 5G solution enables 5G standalone (SA) connectivity with a low carbon footprint and low lead time. Comsol will utilize the PoC solution to experiment and test various use cases for mining and other industries, including augmented reality, autonomous vehicles, and fixed wireless access.
Private 5G rollout seems to be something of a trend in South Africa lately. Among recent announcements, we reported late last year that operator MTN plans to build private 5G networks for mines and ports.
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Mar, 2023
Ericsson resolves DPA violations with guilty plea

Ericsson is pleading guilty to a number of deferred charges from the U.S. Department of Justice (DOJ) arising from offences committed before 2017.
The allegations indicated possible corruption among salespeople and consultants, and were based on irregular expense claims that may have been bribe payments to terrorist groups in order to circumvent Iraqi customs.
The plea will also see Ericsson hand over a fine of US$206,728,848 to the DOJ, concluding the Deferred Prosecution Agreement (DPA) signed by the two parties in 2019 to resolve Ericsson’s various declared violations of the Foreign Corrupt Practices Act (FCPA), committed across several of its markets between 2010 and 2016.
Since Ericsson entered the DPA in 2019, the DOJ has brought no new criminal misconduct charges or allegations against the vendor, and this remains the case at the DPA’s conclusion. However, the DOJ did inform Ericsson on two occasions (October 2021 and March 2022) that it had made non-criminal violations of the DPA by failing to submit relevant documentation by required deadlines, as well as failing to provide salient information to the DOJ regarding its 2019 internal investigation of its activities in Iraq.
The DPA terms stipulate that the DOJ has unilateral authority both to decide whether Ericsson has breached the agreement, and to prosecute the company in the event of any violation. Accordingly, Ericsson’s guilty plea relates to the FCPA violations to which it admitted under the DPA.
Börje Ekholm, CEO of Ericsson since 2017, hailed the step as a “resolution” of the issue which would help drive “cultural change across the company.” He claimed that Ericsson had learned from its “historical misconduct” and would “transform [its] culture” to become a leader in how we conduct our business”, implementing “stringent controls and improved governance, ethics and compliance.”
Ericsson’s internal 2019 investigation did not find that the firm had made or was responsible for making payments to any terrorist organisations. The vendor carried out further probes across 2022 which upheld this finding.
The DOJ noted that Ericsson had “significantly enhanced its compliance program and internal accounting controls through structural and leadership changes.”
