MTN GlobalConnect and BICS today announced the renewal of their partnership to collaborate in international mobility and connectivity for Africa. This partnership will see the complementary strengths of both companies coming together to accelerate the growth of mobile and digital services in Africa.
MTN GlobalConnect, a pan-African digital wholesale and infrastructure services company, and BICS, an international digital communications platform business, through this partnership, will extend affordable international communication across Africa. With expertise in innovation and digitalization, African operators & service providers will benefit from a Next-Gen technology-powered bouquet of services.
“It’s important that we form strong partnerships to provide MTN’s 289 million subscribers with seamless digital services for ease of connectivity and collaboration around the world,” said Frédéric Schepens, MTN GlobalConnect CEO.
“As a strong partner, the evolution of the connectivity relationship between MTN GlobalConnect and BICS will support the growth of digital services in Africa and allow our business to continue to invest in cutting edge technologies such as 5G.”
The partnership reinforces both organisations’ cloud communications, roaming, and IoT ambitions. It will accelerate the digital transformation of communication services across Africa, particularly focused on the trust & authenticity of each interaction and dialogue.
According to GSMA, by the end of the decade, there will be more than 340 million 5G connections in Africa – supporting the digital growth story and security of these services is instrumental to both MTN GlobalConnect and BICS.
“BICS’ mission is to create opportunities by connecting communities,” said Matteo Gatta, BICS CEO.
“Over the next few years, MTN GlobalConnect together with its partners will actively contribute to the expansion of connectivity that will drive digital services across Africa. Through this partnership, people, communities, and enterprises from throughout the continent will have access to the power of communications to realise their full potential.”
Also read: MTN GlobalConnect Signs R1.6 Billion Fixed External Infrastructure Deals
MTN GlobalConnect, a digital wholesale and infrastructure services company and an operating company in the MTN Group, announced today that it has signed $90.8 million or R1.6 billion in fixed external infrastructure deals.
MTN GlobalConnect has subsidiaries in five African countries (Nigeria, Ghana, Uganda, Zambia and Kenya).
The MTN subsidiary made further progress to drive its fibreco ambitions and continued to scale its fixed connectivity and wholesale mobility services.
MTN group announced that MTN Global Connect’s external revenue grew by 19.3% YoY to $344.4 million or R6.2 billion, with mobility revenue up by 19.1%.
MTN GlobalConnect is driving MTN’s fibreco ambitions in Africa.
The telco is planning to demerge its Fibre and FinTech businesses and bring third-party investors to unlock value trapped in the company.
“The structural separation of the fibre business is also underway and is targeted for completion in 2024. The key focus is to secure regulatory approvals across key markets,” said MTN.
