Nokia Offers To Buy Comptel For $370 Million

Finnish telecoms network equipment maker Nokia (NOKIA. HE) said on Thursday it is seeking to buy company Comptel (CTL1V.HE) for about 347 million euros ($370 million) to expand its software services business. Nokia and its rivals, Sweden’s Ericsson (ERICb.ST) and China’s Huawei [HWT.UL] have struggled recently as demand for faster 4G mobile broadband equipment has … Read more

Ghana’s ICT Sector Records Double-Digit Growth

Ghana’s ICT sector has seen high double-digit growth over the past 12 months, supported by new infrastructure and value-added mobile services. Growing penetration helped the ICT sector outpace broader economic growth, according to data issued by the Ghana Statistical Service in late June. While GDP expanded by 4.9% year-on-year (y-o-y) in the first quarter of … Read more

ICT Sector Records Double-Digit Growth

In spite of a broader slowdown in the economy, Ghana’s ICT sector has seen high double-digit growth over the past 12 months, supported by new infrastructure and value-added mobile services. Growing penetration helped the ICT sector outpace broader economic growth, according to data issued by the Ghana Statistical Service in late June. While GDP expanded … Read more