South Africa-headquartered MTN Group CEO Rob Shuter will step down from his role at the end of his fixed four-year contract in March 2021, having given no explanation why he would not seek to stay on beyond that date.
MTN Group CEO opts to depart after expiry of fixed contract
March 11th, 2020 — News
Nokia CEO, Rajeev Suri to step down as vendor considers its options
March 3rd, 2020 — News
Nokia CEO and president, Rajeev Suri, is set to step down from his position later this year, to be replaced by Pekka Lundmark, currently CEO and president of energy company Fortum. The move comes as Nokia struggles to keep pace with the global shift to 5G.
Zain sells and leases back passive infrastructure from IHS
February 19th, 2020 — Miscellaneous
Zain Kuwait has completed the sale and leaseback of the passive physical infrastructure of its 1,620 mobile tower portfolio for US$130 million (KD 40 million) to IHS Holding Limited (IHS). The transaction is the first sale and leaseback of telecom towers in the Middle East region by a licensed mobile operator.
Batelco introduces 5G roaming with du in the UAE
February 6th, 2020 — News
Following Zain Group’s regional milestone announcement in November 2019 that its operations in Kuwait and Saudi Arabia had successfully launched the first 5G roaming service across the MENA region, Bahrain telco Batelco has announced partnering with the UAE’s du to deliver 5G international roaming services in the UAE.
Vodacom pledges 5G launch in South Africa in 2020
February 4th, 2020 — News
South Africa’s Vodacom Group has unveiled plans to launch 5G in its home market in 2020 despite issues acquiring spectrum from the country’s regulator.
