Tag: vodafone
Facebook, telcos collaborate on subsea cable for Africa and Middle East
Facebook, and a group of telecom companies including China Mobile International, MTN GlobalConnect, Orange, and Vodafone are collaborating to build the “most comprehensive” subsea cable to serve the African continent and Middle East region where nearly a billion people are still not connected to the internet. The project, called 2Africa,…
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SirionLabs raises $44M to scale its contract management software
SirionLabs, a startup that provides contract management software to enterprises, has raised $44 million in a new financing round as it looks to expand and handle surge in demand from clients. Tiger Global and Avatar Growth Capital led the Seattle-headquartered startup’s Series C round. The eight-year-old startup, which was founded…
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Virgin Media and O2 announce £31 billion UK merger
The rumors were true: UK broadband provider Virgin Media and telecoms operator O2 are to merge, their parent companies confirmed today. In a statement, Liberty Global and Telefonica said that the deal — which values the 50-50 venture at just over £31… Source
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Africa Roundup: Visa connects to M-Pesa, Flutterwave enters e-commerce
It seems the demand for Safaricom’s M-Pesa payment product never eases. Since its 2007 launch in Kenya, the fintech app has commanded over 70% of the mobile money market in that country. When COVID-19 hit the East African nation of 53 million in March, the Kenyan Central Bank turned to…
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Streaming service Hooq shuts down, ends partnership with Disney’s Hotstar, Grab and others
Hooq, a five-year-old on-demand video streaming service that aimed to become “Netflix for Southeast Asia,” has shut down weeks after filing for liquidation and terminated its partnerships with Disney’s Hotstar, ride-hailing giant Grab, and Indonesia’s VideoMax. Hooq Digital, a joint venture among Singapore telecom group Singtel (majority owner), Sony Pictures,…
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Visa and Kenya’s Safaricom partner on M-Pesa, payments and tech
Visa just connected to Africa’s most powerful mobile payments network. The global financial services company and Kenyan telecom Safaricom — operator of the M-Pesa mobile money product — announced a partnership today on payments and tech. The arrangement opens up Visa’s global merchant and card network across 200 countries to…
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