Business Issues

Kuwait-based Hits Telecom expands in Africa

Hits Telecom, a Kuwait based telecom group, is investing $100 million in Tanzania alone to boost its presence in African telecom market, despite economic problems in the region.  read more »

Internet users to get new rights under EU data protection proposals

Internet users in the European Union will benefit from greater control over their personal data if new proposals to reform the Data Protection Directive are implemented.  read more »

Consumer Watchdog urges EU to block Google's Motorola deal

A United States consumer group has written to the European Commission asking it to block Google's Motorola deal and to launch an investigation into the Internet giant's alleged anti-competitive behavior.  read more »

RIM's new CEO wants to focus more on consumers

RIM's new CEO, Thorsten Heins, wants the company to improve its product development while also becoming better at marketing, he said during a conference call on Monday.  read more »

Reduced copper network access prices would hurt fiber, say EU groups

The European Commission’s plan to lower access prices to copper networks in order to boost next generation networks is flawed, say Europe’s leading telecoms organizations.  read more »

Libya's LAP Green Network in talks for sale

Sub-Saharan Africa mobile operator LAP Green Network of Libya is in talks for a sale of the company even as controversy unfolds over how it made its own acquisition of the Zambia Telecommunication Co. (Zamtel).  read more »

VC4Africa extends tech support to Somaliland

A year after a group of venture capitalists partnered to form Venture Capital for Africa (VC4Africa), their move to back a lab in Somaliland comes as a sign that tech entrepreneur funding in Africa is moving beyond traditional hubs like Johannesburg, Nairobi, Lagos and Accra.  read more »

Cisco posts small revenue gain

Cisco Systems has completed most of a major restructuring that began early this year, and on Wednesday posted revenue and profit for its fiscal first quarter that exceeded analysts' expectations.  read more »

Airtel's profits continue to be weighed down by Africa, 3G

Bharti Airtel's third-quarter profit was hit by high interest and amortization costs related to the mobile network operator's 3G rollout in India and its acquisition in Africa.  read more »

MTN ups stake in Rwandacell to counter Airtel competition

Africa's largest mobile operator, MTN, has increased its stake in Rwandacell to 80 percent in a bid to consolidate its operations after the Rwandan government awarded rival operator Airtel an operating license.  read more »

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