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Africa’s Cloudy Horizons

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Africa is my destination this week. I’m on a mission that’s both personal and professional.

Officially, I’m here to work with clients, catch up with our growing regional team and speak at Informa’s inaugural Cloud Africa Summit.

Unofficially, I hope to prove myself wrong about the déjà vu that I feel about aspects of Africa’s ICT market.

The IMF just said that sub-Saharan Africa is beginning to stand on its own feet, pointing to its sustained and major progress since the millennium.

European operators first to feel full force of crunch

Just as Telecom Italia announces an extensive cost cutting initiative, industry analysts are warning that European mobile operators will be the first to feel the full impact of the credit crunch. Research carried out by industry analyst Ovum indicates that while operators in other regions showed little signs of feeling the credit crunch during the [...]

Telecom Italia outlines Eur5bn in cutbacks, savings

Italy’s Telecom Italia has announced plans to cut costs by around Eur2bn in 2009, as well as offload non core assets to the tune of a further Eur3bn. Part of the restructuring plan includes the slashing of a further 4,000 jobs in Italy. Under the Italian operator’s 2009-2011 plan, 40 per cent of the targeted [...]

Telekom Austria jumps on femto bandwagon

The mobile division of Austrian carrier Telecom Austria said Friday it has started the first femtocell pilot in Central Europe. Mobilkom has rolled out the technology with 35 selected residential and business customers throughout Austria, using kit from Chinese vendor Huawei. As the carrier explains, a femtocell effectively creates an individual indoor 3G network connected [...]

France Telecom posts reassuring figures

French carrier France Telecom reassured investors on Thursday with financial results that bode well for the European telecoms sector, according to analysts. The French incumbent posted a gross operating margin (equivalent to EBITDA) for the third quarter of Eur5.09bn, flat against the same period last year. Consolidated revenue climbed 2.3 per cent on a comparable [...]