Smile Telecoms raised $365 million in August to expand its wireless Internet network in Nigeria, Uganda and Tanzania
New rules seek to penalise a telco with a market share of more than 50%.
French telecoms multinational Orange says open to selling shares in its Africa and Middle East business
Orange is present in 19 countries in Africa, making up 11% of total group revenue.
Redrawing Africa's map by the most dominant, most valuable or most popular in each country. MTN, Safaricom, Dangote, and Marsavco lead the way.
As capital needs grow along with expansion, bank chief says to consider an initial public offering in Johannesburg or London.
Etisalat followed MTN and Airtel with a warning of "possible disruptions" to services in the days ahead.
Safaricom is internationally known for its M-Pesa mobile money service but also dominates its home market.
East Africa's largest cellular firm 'will dock $400m investment' if Kenya penalises it for dominance
Safaricom says being dominant 'not a crime in itself' after Cabinet minister questioned its market superiority.