European telecoms firms call for web giants to contribute to soaring network costs

European telecoms companies have called on the world’s web giants to contribute financially to the increasing costs of maintaining internet networks. 16 chief executives of telecoms firms, including BT, Vodafone and Deutsche Telekom, released a joint statement this week, in which they said the likes of Amazon, Apple, Facebook, Google, Microsoft and Netflix should be…

Federated Wireless launches private wireless-as-a-service offering

Federated Wireless CCO: ‘Enterprises want to buy private wireless as a subscription, as something they can scale’ Federated Wireless has announced a new private wireless-as-a-service offering that enables enterprises to deploy a turnkey private cellular network using CBRS spectrum. According to Chris Swan, chief customer officer at Federated Wireless, enterprise customers don’t want to buy…

YC-backed fintech Numida raises $12.3M led by Serena Ventures to extend loans to MSMEs beyond Uganda • TechCrunch

Micro, small and medium-sized enterprises (MSMEs) across Africa make up the bulk — over 90% — of businesses in the continent but are still marginalized in accessing credit from formal institutions because of the nature of their operations; for instance, many often lack the kind of collateral that is acceptable by banks. To bridge the…