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An early blow for MTN Nigeria's mobile money business
Leading mobile network operator, MTN Nigeria (MTNN), is suing 18 Nigerian banks in court over a NGN22bn (US$53.7mn) loss for its mobile money business. A few weeks ago, MTNN and Airtel Nigeria secured final approval to commence payment service bank (...


Thailand: ICT - TRUE-DTAC amalgamation and ADVANC’s TTTBB buyout looming
We have seen more intense mobile competition for both postpaid and prepaid segments in 2Q22. Mobile operators have offered to double speeds for the ‘Net No Limit’ prepaid packages. For example, the 1Mbps speed has been upped to 2Mbps for Bt350 for th...
Plan B Media Pcl: Beyond recovery
Eyeball counts for OOH media rebounded in Apr-May. BTSGIF posted ridership on the BTS skytrain of 10.4m trips (or 335k/day) for May, up 31% YoY and 148% MoM. According to BTS, ridership on the BTS skytrain has risen to an average of 450k/day early Ju...
Systems Ltd: NdcTech to develop synergies
Systems Ltd (SYS) in a recent notice on 10th June disclosed its interest to acquire 100% stake in NdcTech (a leading core and digital banking implementation service provider) under an investment outlay of PKR7.1bn. This is subject to BoD approval in ...