Telecoms finance

Bahraini law firm announces growth with appointment of banking, financial and telecom partners

The Bahraini specialist law firm Al Doseri Law is pleased to announce the appointment of two new partners to its firm. Partner Ronald Langat joins the firm as the new Head of Banking and Financial Practice of Haya Rashed Al Khalifa Law Firm. Ahmed Jaber Al Doseri has been appointed …

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Parastatals: Lessons from SA, Singapore

By Paison Tazvivinga The poor performance of state-owned enterprises (SOEs) has been perpetual over the past two decades and the burden continues to weigh heavily on taxpayer dollars. Most, if not all, state-owned enterprises have been marred by sub-optimal operations at all levels. The comprehensive SOE report for the end …

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National monetization pipeline shows promise – and limits

The Indian government recently announced an asset monetization plan, in which existing public assets worth Rs 6 trillion would be monetized by leasing them to private operators for fixed terms. The identified assets are mainly concentrated in roads, railways, electricity, oil and gas and telecommunications. The rental proceeds are expected …

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CryptoNewsBreaks – Why Tingo Inc. (IWBB) is “One to Watch”

Tingo (OTCQB: IWBB) is a digital services agro-fintech technology company that focuses on basic agriculture and related financial services in Africa. “The company aims to be the leading player in agri-fintech in Africa, transforming rural farming communities to connect through its proprietary platform to meet their comprehensive needs – from …

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Safaricom Confirms Kenya Power’s $ 300 Million Smart Meter Proposal

By Duncan Miriri NAIROBI (Reuters) – Kenyan telecommunications operator Safaricom said on Friday it had submitted a proposal to Kenya Power to install a $ 300 million smart meter system in the utility, confirming documents seen by Reuters. The telecommunications company said it was now awaiting the utility’s response, adding …

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EXCLUSIVE Warburg Pincus seeks $ 16 billion for private equity fund – sources

The Charging Bull or Wall Street Bull is pictured in the Manhattan neighborhood of New York, New York, United States, January 16, 2019. REUTERS / Carlo Allegri / File Photo / File Photo / File Photo Sept. 16 (Reuters) – Warburg Pincus LLC is seeking to raise $ 16 billion …

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6 billion euros will be devoted to Greek IT and telecom projects

Minister of Digital Governance Kyriakos Pierrakakis estimated Wednesday during a discussion with representatives of companies from the Greek IT and telecommunications market at the Thessaloniki International Fair (TIF) that € 6 billion of funds would be channeled to the Greek information and telecommunications sector over the next few years. “This …

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Regulator sets strict conditions before Africell leaves Uganda

By JULIUS BARIGABA Africell Uganda not only seeks to end its loss-making and indebted activities, it has less than a month to find the money to meet the difficult exit conditions set by the sector regulator, in particular by paying its creditors before the official liquidation of the company. operations …

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Cabinet ignores DoT’s proposal on telecommunications health package, Telecom News, ET Telecom

New Delhi: Cabinet failed to consider Telecommunications Department’s proposal to improve the health of the sector on Wednesday, dashing Vodafone Idea’s hopes of urgent aid that could have helped the cash-strapped company survive in a market facing fierce competition. Shares of Vodafone Idea reversed initial gains by more than 7% …

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Musk, Telecom News, ET Telecom

San Francisco: SpaceX CEO Elon Musk has claimed that Starlink’s satellite internet service will have the ability to transfer data at speeds as high as light. Currently, the Starlink network relies on a satellite dish, satellites and ground stations, GizmoChina reported. At first glance, the company aims to get rid …

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