After the coronavirus pandemic, telecom consumers’ needs have greatly changed. To keep up with the challenge, telecom operators are investing heavily to meet current and future needs and be competitive in the coming years.
Kuwaiti telecom group Zain announced, Wednesday (Nov 30), it would invest US$800 million in its Sudanese operations over the next five years. The investment aims to help upgrade the network infrastructure and deploy new ones to meet the growing demand for digital services.
The investment program comes against a backdrop of accelerated digital transformation, including strong consumer demand for broadband connectivity and the emergence of new digital consumption patterns. Telecom operators are therefore investing in upgrading their networks to introduce the latest technologies and reach more people.
Recently, MTN Group, Zain's main rival in Sudan, signed a partnership agreement with U.S.-based LigaData to accelerate the digital transformation of its operations in the country. The company also has a 10-year partnership underway with Canada's NuRAN Wireless to deploy more than 500 telecom sites in the country’s rural areas.
The announced investment is therefore expected to strengthen Zain’s position in the Sudanese telecom market. For the first nine months of 2022, Zain generated revenues estimated at US$339 million (up 41%) with EBITDA estimated at US$178 million. During the period, the operator’s subscriber base also grew to 16.2 million subscribers.
Isaac K. Kassouwi
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
Government plans 405 MW in new renewable capacity over three years Projects include solar, wind, and battery storage to stabilise electricity...
TAAG launches direct Abidjan–Luanda route with three weekly flights New link aims to boost trade, mobility, and regional connectivity Route...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
Kenya tourism revenue rises 10% to $3.84 billion in 2025 Visitor numbers hit 7.9 million, driven by strong domestic demand Government measures,...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...