MTN Group reported service revenue rises 10% in H1, up 18% in constant currency
MTN Group reported a 17.5 percent year-on-year increase in constant currency for service revenue to ZAR 115.32 billion in the six months ending 30 June. In reported currency, service revenue rose 9.7 percent. Adjusted EBITDA expanded by nearly a quarter to reach ZAR 56 billion. Revenue growth moderated over the period, primarily due to lapping prior-year price hikes at MTN Nigeria and the deliberate suspension of airtime advance services in that market, MTN said.
MTN Group reported service revenue rises 10% in H1, up 18% in constant currency
MTN Group reported a 17.5 percent year-on-year increase in constant currency for service revenue to ZAR 115.32 billion in the six months ending 30 June. In reported currency, service revenue rose 9.7 percent. Adjusted EBITDA expanded by nearly a quarter to reach ZAR 56 billion. Revenue growth moderated over the period, primarily due to lapping prior-year price hikes at MTN Nigeria and the deliberate suspension of airtime advance services in that market, MTN said.
Salt and Sunrise sign MoU on mobile network sharing in rural areas
Swiss operators Salt and Sunrise have signed a memorandum of understanding (MoU) concerning a potential expansion of their existing mobile network infrastructure cooperation to cover rural and less densely populated areas. They are considering closer collaboration in the form of multi-operator core network sharing (MOCN) for their Radio Access Networks (RAN).
Salt and Sunrise sign MoU on mobile network sharing in rural areas
Swiss operators Salt and Sunrise have signed a memorandum of understanding (MoU) concerning a potential expansion of their existing mobile network infrastructure cooperation to cover rural and less densely populated areas. They are considering closer collaboration in the form of multi-operator core network sharing (MOCN) for their Radio Access Networks (RAN).
Alibaba raises HKD 80 bln in share sale to fund AI investment
Alibaba Group has raised HKD 80 billion (USD 10.2 billion) in a share sale to help fund its ambitions in the AI market. The company said it will use "100%" of the net proceeds to invest in its full-stack AI capabilities, including infrastructure expansion. The sale of 710 million new shares was priced at HKD 11.270 per share, a discount to the recent trading range of over HKD 120 since the start of August.
Alibaba raises HKD 80 bln in share sale to fund AI investment
ZTE revenues up 9% in H1 on growth in IT equipment, foreign markets
ZTE announced record revenues of CNY 78.03 billion for the first half of 2026, an increase of 9.0 percent year-on-year. The company said sales growth came from double-digit increases in Computing, Personal Devices and international markets, helping offset lower spending by Chinese telecom operators on its network equipment. The net profit fell 45.9 percent to CNY 2.75 billion billion, hurt by higher operating costs and increased bad debt provisions and forex losses.
ZTE revenues up 9% in H1 on growth in IT equipment, foreign markets
US settles for USD 400 mln with TikTok over child privacy violations
TikTok has agreed to pay USD 400 million to settle allegations it violated the privacy of children using the app. The settlement was announced by the US Department of Justice, which had sued the company and its parent ByteDance over its compliance with the Children's Online Privacy Protection Act. Under the agreement, TikTok will pay USD 300 million immediately and an additional USD 100 million later, representing one of the largest fines ever under the US children protection law.
US settles for USD 400 mln with TikTok over child privacy violations
Veon considers investment in Perfectum Mobile
Veon plans to invest USD 200 million to buy a share in the Uzbek mobile operator Perfectum Mobile, reports Gazeta.uz. Uzbek businessman Farkhod Mamajonov controls Perfectum Mobile and has asked the Uzbekistan president for help in getting clearance for the deal from the Competition Committee. An application on the sale was submitted to the Competition Committee on 24 July, with a 30-day deadline to take a decision expired on 23 August. The size of the stake to be purchased by Veon was not disclosed.
Veon considers investment in Perfectum Mobile
Yandex tests shopping on smart TVs
Russian internet company Yandex is testing shoppable advertising on smart TVs. Currently, purchases are made via a QR code and a smartphone, but in the future, this will be possible directly from the TV screen, making the process completely autonomous, Kommersant reports.
Yandex tests shopping on smart TVs
Czechia proposes better coverage, network resilience in mobile licence renewals
The Czech telecommunications regulator CTU announced that it will maintain the number of licences to use frequencies in the 800 MHz, 1,800 MHz and 2,600 MHz bands, with new block allocations for the existing mobile operators O2, T-Mobile and Vodafone. Conditions for the renewed licences should include further increasing the number of white spots covered, covering additional rail corridors and increasing the resilience of networks in crisis situations. A public consultation is now open on the proposal, and i
Czechia proposes better coverage, network resilience in mobile licence renewals
MTS launches air quality monitoring at industrial facilities
Russian operator MTS is launching a service for monitoring industrial gas concentrations to ensure employee safety. The system focuses on monitoring indoor air quality, with early detection of undesirable airborne contaminants using specialised sensors, preventing threats to the life and health of people in work areas. The system is based on a set of sensors for specific gas types, which are installed in areas where harmful substances may be present. The equipment automatically detects elevated concentratio
MTS launches air quality monitoring at industrial facilities
Selectel revenues up 14% in H1
Revenues of Russian data centre and cloud services provider Selectel totaled RUB 10.2 billion in the first half of this year after growing by 14 percent year-on-year. The adjusted EBITDA rose 3 percent to RUB 5.4 billion, and the adjusted EBITDA margin reached 53 percent, down by 6 percentage points. The net profit was RUB 1.9 billion, up by 0.4 percent.
Selectel revenues up 14% in H1
MWS Cloud appoints new director of strategy and M&A from Rostelecom
Russian cloud services provider MWS Cloud, a subsidiary of MTS Web Services, announced the appointment of Kirill Tinenin as the director of strategy and M&A at MWS Cloud. In his new role, Tinenin will be responsible for developing the company's long-term strategy, identifying new growth opportunities, implementing M&A transactions, developing strategic partnerships, and scaling key business areas. Prior to joining MWS, Kirill Tinenin led strategy and M&A in Rostelecom's B2B/B2G division. In this role, he wa
