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#1 nosh

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Posted 17 June 2020 - 11:52 AM

https://www.business...h-africa-2020-6

 

“It could make sense to be in economies such as Nigeria and South Africa,” Stephane Richard said, according to a Reuters report. “If one considers there are things to do, the time frame I am considering is rather a few months than a few years.”

Richard was asked whether Orange would consider taking a stake in MTN, but declined to answer. Orange and MTN Group have worked together to launch a African mobile payment company, Mowali. They are also partners in a consortium that will build Africa's largest undersea internet cable.

 

The French government is the largest stakeholder in Orange, which  operates in 18 African countries, including Botswana and the DRC, and estimates that one in ten mobile African users are Orange customers. Orange recently expressed interest in buying a mobile licence in Ethiopia, with MTN also in the running.

 


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#2 nosh

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Posted 21 April 2020 - 01:00 PM

Is the big drop today cause of the oil price?

Yes , most likely because of their presence in oil dependent countries


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#3 Shi

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Posted 20 April 2020 - 05:37 PM

Is the big drop today cause of the oil price?


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“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#4 Spell Jammer

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Posted 20 March 2020 - 02:20 PM

Granted. I'm referring to the economic impact on the general population and the country though. Imagine this https://twitter.com/...250411765968897 but on another level (given the high number of cases in Iran).

 

These are the data and calling realities on the ground at the moment.

 


Coronavirus impacts WhatsApp and Netflix streaming quality
Hanno Labuschagne20 March 2020

 

Facebook is working to ensure its services stay online due to increased demand as a result of the COVID-19 coronavirus pandemic.

Netflix has also been affected and has been forced to reduce video quality to handle the increased demand.

Global Internet usage has spiked in the last few weeks, putting a strain on the network infrastructure of various online services.

As part of recommendations made by the WHO, maintaining social distancing is one method which could help to reduce the spread of the virus.

Because of this, many governments have recommended their citizens leave their houses only when necessary, while private companies have asked their employees to work from home.

Increased server capacity

Facebook has nearly doubled its server capacity for WhatsApp as people have come to rely more on the messaging platform for making voice and video calls.

CEO Mark Zuckerberg said that although the COVID-19 outbreak is still limited in most countries, the company wanted to ensure people would be able to stay connected if the situation deteriorates.

“This isn’t a massive outbreak in the majority of countries around the world yet,” Zuckerberg stated.

“But if it gets there, then we really need to make sure we’re on top of this from an infrastructure perspective to make sure that things don’t melt down,” he said.

Zuckerberg noted that demand was consistently above WhatsApp’s normal peak period over New Year’s Eve.

“We are on a sustained basis well beyond what that spike is on New Year’s. Just making sure that we can manage that is the challenge that we’re trying to make sure that we can stay in front of.”

Netflix and Microsoft affected

Facebook and WhatsApp are not the only online platforms recording surges in demand.

Netflix recently stated that it had observed a 20% global increase in time spent streaming.

Although its servers have been able to handle the load, the streaming giant said that it will lower its video bitrate in Europe over the next 30 days to reduce its impact on the continent’s network.

Usage of Microsoft’s cloud-based Teams service increased from 32 million to 44 million daily active users in the course of a week.

In a notification sent to Microsoft’s admin message centre, the company announced several changes to its Office 365 productivity suite, including throttling particular non-essential functionality to increase the performance of more commonly-used features.

These updates include a reduction in video resolution, how often Microsoft checks for a user’s presence, as well as intervals in which it shows another party is typing.

 

https://mybroadband....ng-quality.html

 

Telcos should be creaming it...


Edited by Spell Jammer, 20 March 2020 - 02:28 PM.

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#5 Shi

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Posted 19 March 2020 - 10:43 AM

Cornavirus cant be an excuse. More people are working remotely and thus using more data, calling more etc. 

 

Granted. I'm referring to the economic impact on the general population and the country though. Imagine this https://twitter.com/...250411765968897 but on another level (given the high number of cases in Iran).


Edited by Shi, 19 March 2020 - 10:44 AM.

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“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#6 Spell Jammer

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Posted 19 March 2020 - 09:48 AM

And the coronavirus as well

Cornavirus cant be an excuse. More people are working remotely and thus using more data, calling more etc. 


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#7 Shi

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Posted 18 March 2020 - 10:41 PM

Their 2 biggest markets are Iran & Nigeria.....Oil dominated economies.

 

And the coronavirus as well

 

 

Iran reported 147 more deaths from the coronavirus, its single biggest jump.
The 15 percent spike raised the death toll to 1,135 people nationwide.
The rise in deaths comes as the number of infections continues to grow each day, with some 17,361 people infected, according to Iran's deputy health minister, Alireza Raisi.


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“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#8 soutie

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Posted 18 March 2020 - 05:45 PM

Their 2 biggest markets are Iran & Nigeria.....Oil dominated economies.


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Anyone need a heads up...!


#9 Lionelza1

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Posted 18 March 2020 - 05:06 PM

MTN getting hammered daily!.....what is happening here?


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#10 Motivated

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Posted 12 February 2020 - 11:04 AM

Mobile operator MTN Group said in a trading statement on Tuesday (11 February), that it expects headline earnings per share to climb between 30% and 50% for the year ended December 2019.

The group said it expects HEPS of between 438 cents and 506 cents for the period, compared with HEPS of 337 cents for the prior financial year.

The change in earnings per share (EPS) is expected to be between 0% and 10%, or a figure of between 485 cents and 534 cents compared with EPS of 485 cents for the prior financial year, it said.

MTN said it has adopted the new accounting standard on leases, IFRS 16, with effect from 1 January 2019 and, as permitted by the standard, comparative numbers have not been restated and remain on the previous accounting treatment of operating leases in accordance with IAS 17.

It said that on a like-for-like basis (using IAS 17 accounting standards for both the 2018 and 2019 financial years), they will rise by as much as 75%, it said.

It said that on a like-for-like IAS 17 basis, HEPS are likely to be between 55% – 75% higher, while  EPS will likely improve by 15% – 25%.

“HEPS were negatively impacted by non-operational items in the financial year ended 31 December 2019 totalling approximately 133 cents per share, on an IAS 17 basis (2018: 215 cents per share, on an IAS 17 basis),” it said.

MTN said it will detail the relevant adjustments used to arrive at the pro forma information when its full-year results are published on 11 March 2020.

The above mentioned non-operational items for the year include costs relating to the Nigerian regulatory fine interest, hyperinflation adjustments, net foreign exchange losses, impairment on Iran receivables and the impact of divestments made during the year, it said.


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