Category: Telecommunications

Two years of the pandemic, supply chain disruptions and slowing economies in Africa finally caught up with Shenzhen-based African mobile phone giant Transsion. The company released its first-quarter results earlier this month that revealed drops in revenues (1.8%), profits (7.6%), and smartphone sales (7%) compared to the ...

Transsion's Tecno brand is expanding its new mobile money service to Kenya this week. “The wallet has pilot launched in Nigeria in May, and roll-out to Kenya in middle of June," the company said in a statement. A mobile payment option from ...

By Pamela Adwoa Carslake The mobile handset industry is said to be a top 5 industry in the world, accruing US$522 billion in sales revenue and annual sales of over 6 billion mobile devices according to a document by the Pakistan ...

Huawei's now independent high-end smartphone brand HONOR, which was spun off in 2020 in response to crippling U.S. sanctions, is now setting its sights on the South African mobile market. The company said it's been investing heavily to build brand awareness ...

Kenya's mobile phone market shrank by 9% in the first quarter of the year, according to new data from technology consultancy IDC, but even a drop that large didn't budge Transsion's Tecno brand from the top spot in the market. Tecno led ...

Transsion's Tecno unit slipped a spot to #6 in Brand Africa's annual ranking of the most admired brands but it still remained firmly in the top ten and was the highest-ranked of any Chinese company.  Two other phone brands, ...

Huawei's moribund mobile phone business in Kenya is showing signs of life. The company was once among the dominant mobile phone brands in Africa, including Kenya, but that business all but stopped in 2019 when Huawei was sanctioned by the United States and blocked from using Google's Android mobile ...

Ethio-Telecom Chief Executive Officer, Frehiwot Tamru (photo) hosted a glamorous launch party complete with some kind of robot to kick off the company's launch of its new Huawei-powered 5G mobile network in Addis Ababa. For now, only certain neighborhoods in the ...

Shenzhen-based African mobile phone giant Transsion provided a rare glimpse into its financial performance in a disclosure document that went out to 244 Chinese institutional investors. Even though Transsion is a publicly-traded company on the Shanghai Star Exchange, it nonetheless behaves like a lot of Chinese firms by ...

Africa is one of the world’s last emerging mobile phone markets, and one Chinese company is making heaps of money there. Transsion, a Shenzhen-based maker of affordable phones posted $743 million in profit last year, up 45.6% year-on-year. While ...

One week after the Shenzhen-based African mobile phone giant Transsion announced that its TECNO and Infinix brands would both have 5G devices available in Kenya before the end of the year, Chinese rival Oppo launched its 5G smartphone with the debut of V23 5G.

Chinese telecommunications giant Huawei held on to a respectable 25% share of the South African market last year despite the fact that it no longer sells handsets with Google's Android operating system. Huawei was nonetheless a distant second to ...