Today’s telecom news includes announcements on Cell C, Hexham telecom tower, Optus mobile, STOA, Atlas Tower Kenya, among others.
Cell C Sets Sights on $413 mn IPO to Supercharge Network & Customer Experience
South Africa’s fourth-largest mobile operator, Cell C, plans a US $413 million IPO in Johannesburg to strengthen its finances and drive expansion. The listing is aimed at unlocking new investment for network upgrades, service innovation and improved customer experience. By accessing capital markets, Cell C intends to enhance coverage, increase reliability and compete more aggressively with larger rivals, Bloomberg reports.
Sabotage Shuts Down Optus Network for 34,000 Customers
A vandalism attack on a Hexham telecom tower knocked out Optus mobile, data and triple-zero services across the Hunter region, affecting around 34,000 users in Maitland and Port Stephens. Optus has restored connectivity and says systems are stable with ongoing monitoring. The federal communications minister was briefed, and welfare checks were launched for people who couldn’t place emergency calls. The opposition criticised Optus for weak public communication and pushed for a national outage-tracking portal to improve transparency, ABC News repots.
France’s STOA Injects New Power into Kenya’s Telecom Tower Network
The Competition Authority of Kenya has cleared France-based impact investor STOA to acquire a 31.03 percent stake in Atlas Tower Kenya, giving STOA veto rights and strengthening its push into African digital infrastructure. ATK already operates 450+ telecom towers, many in underserved regions, and recently received a separate USD 27 million equity injection from STOA. The deal brings fresh capital to expand and upgrade sites, supporting better mobile coverage, faster rollouts of 4G/5G-ready towers and improved service for operators and consumers.
Shafana Fazal
