Liquid Telecom Group News

Africa's Liquid Telecom raises $700m in bond and term-loan issue

Africa's Liquid Telecom raises $700m in bond and term-loan issue

Liquid Telecom, an unlisted pan-African telecoms group, has raised $700m in a bond and term-loan issue that will help it refinance debt and provide a war chest for further acquisitions.

Strive Masiyiwa, Founder & Chairman, Econet Wireless Group

Zimbabwean billionaire Strive Masiyiwa's Econet appoints former Vodafone executive to run its Neotel unit

Zimbabwean billionaire Strive Masiyiwa’s Econet Wireless Global Ltd. unit Liquid Telecom has appointed former Vodafone Group Plc executive Kyle Whitehill to head up South African internet provider Neotel and oversee the company’s expansion plans.

Nic Rudnick, CEO, Liquid Telecom

Pan-African Liquid Telecom Group has completed the $500M purchase of South Africa's Neotel

South African communications network operator Neotel has officially become part of the pan-African telecoms group Liquid Telecom.

Strive Masiyiwa, Founder & Chairman, Econet Wireless Group

Strive Masiyiwa builds broadcast empire to challenge MultiChoice

Econet Group is building a broadcasting empire that could challenge MultiChoice’s dominance in the payTV market across the continent.

Nic Rudnick, CEO, Liquid Telecom

Liquid Telecom buys Neotel for $466M to form Africa's largest fiber network

Africa’s largest fiber network will be formed as Liquid Telecom buys South African converged network operator Neotel.

Bob Collymore, CEO, Safaricom

Safaricom in talks with five firms on M-PESA's future

Mobile service provider Safaricom has announced that it is in discussions with five companies to broaden the availability of M-PESA services.

Strive Masiyiwa, Founder & Chairman, Econet Wireless Group

Econet Wireless & Royal Bafokeng to purchase Neotel for $428M creating Africa's largest broadband network

Econet Wireless Global affiliate Liquid Telecom agreed to pay 6.55 billion rand ($428 million) for South African Internet-service provider Neotel Pty Ltd., creating the continent’s largest broadband network and business-to-business phone carrier.

Africa Telecom and Tech IPO Pipeline Swells as Growth Companies Target Public Markets. Credit: sokopay.com

Africa Telecom and Tech IPO Pipeline Swells as Growth Companies Target Public Markets

From Nigerian fintech to East African fiber, several exciting and diverse companies are emerging as IPO contenders in Africa’s rapidly growing Technology, Media & Telecommunications (TMT) sector, according to specialist news provider TMT Finance.

Strive Masiyiwa, Founder & Chairman, Econet Wireless Group

Pan-African broadband service provider Liquid Telecom eyes European IPO in 2016

Liquid Telecom, a broadband group controlled by African telecoms company Econet Wireless, is being lined up for a European flotation next year after approaches from potential buyers in recent months.

Strive Masiyiwa, Founder & Chairman, Econet Wireless Group

Transaction banking is dead: Econet Wireless Founder Strive Masiyiwa

As the evolution of mobile banking continues to disrupt the financial services sector, the founder and executive chairman of privately held telecoms conglomerate Econet Wireless Group sounded the death knell for traditional transaction banking.

Willem Marais, CEO, Liquid Telecom South Africa

SEACOM's former Chief Commercial Officer Willem Marais appointed CEO of Liquid Telecom South Africa

Former Seacom chief commercial officer Willem Marais has joined fast-growing pan-Africa telecommunications company Liquid Telecom as group managing executive and CEO of its South African operation.

Strive Masiyiwa, Founder & Chairman, Econet Wireless Group

Liquid Telecom secures $150M to extend super-fast broadband network in Africa that will be 5x faster than what is available in the UK

Liquid Telecom, a telecoms group aiming to build better broadband in parts of Africa than is available in the UK, has raised $150m to extend its superfast fibre networks across the continent.

Liquid Telecom

Liquid Telecom to spend $200M in Africa expansion

Liquid Telecom, which is majority owned by Econet Wireless Global, plans to spend $200 million across the African countries where it operates over the next year to expand its network, a company executive said on Thursday.