Business Issues

Africa's largest mobile phone service provider, Mobile Telecommunication Network (MTN), is investing over US$700 million in a new submarine cable system. The European Indian Gateway will connect Africa, Europe and Asia and boost the region's communication ability.  read more »

As mobile service provider Zain moves to reduce headcount in Africa and the Middle East, the Zambian government has forced the company to cut down the number of workers to be laid off.  read more »

Microsoft CEO Steve Ballmer met last week with Jack Ma, the CEO of top Chinese e-commerce firm Alibaba Group, which controls Yahoo's operations in China. The meeting drove speculation in China that they may have discussed a potential Microsoft acquisition of Yahoo.  read more »

While it's true that many of the financial reports that companies have to file with the U.S. Securities and Exchange Commission can be too complicated or too dull (or both), these documents do contain nuggets of information on what's worrying the companies most.  read more »

Stiff competition for the control of the African mobile market has led Mobile Telecommunication Network (MTN) to move into Zimbabwe to invest in the country's ailing telecom sector.  read more »

The World Bank has turned its focus toward telecommunications in eastern and southern Africa to West Africa, agreeing to set aside US$50 million for ICT infrastructure development, connectivity, skills development and capacity building for Nigeria.  read more »

Verizon now has more wireless subscribers than any carrier in the United States, as its merger with Alltel has helped the company jump ahead of rival AT&T.    read more »

Apple's financial results for its second-quarter of 2009 were very favorable despite a few dark spots. But though the company may have posted its most successful non-holiday quarter ever, there are still some signs that Apple is scaling back on costs in order to combat the effects of the current economic situation.  read more »

News Corp. has chosen a former Facebook executive to lead MySpace, the company said Friday, a day after announcing that the current CEO would step down.  read more »

Legal issues and controversy surrounding Zambian national carrier Zamtel, which led to the resignation of Minister of Communications and Transport Dora Siliya earlier this week, mean that the beleaguered company's problems will not be resolved any time soon.  read more »