CelcomDigi and U Mobile collaborate on core sites and 5G-A

Ethiopia halted the sale of shares of its state-owned operator Ethio Telecom to foreign companies, to prioritise domestic retail investors instead, reported Bloomberg.

State-controlled telco Telecom Egypt said it has signed several service agreements with Orange Egypt worth around EGP15 billion (US$296.2 million) to provide transmission and infrastructure services.

MTN Group warned that its annual profits could plunge by 90% due to the devaluation of the Nigeria’s currency affecting its MTN Nigeria unit.