Industries

Telecommunications

Specialised advisory for telecommunications operators, infrastructure providers, ISPs, tower companies and digital services companies operating in Mozambique, Angola, Malawi, South Africa and international markets.

The context

African telecommunications enters a new phase

Telecommunications in Lusophone Africa are undergoing deep transformation. Mobile penetration exceeds 80% in several jurisdictions, but market growth is now coming from digital services, mobile data, cloud and enterprise solutions — not traditional voice and SMS. In parallel, operators face growing pressure to invest in 5G networks, fibre optics and data centre infrastructure that most still cannot finance sustainably.

At the same time, large pan-African operators are consolidating operations, tower companies are buying infrastructure assets, and global Big Techs are entering the continent with large-scale connectivity and data centre projects. Regulators are tightening rules on infrastructure sharing, pricing and quality of service. Telecommunications companies that fail to adapt to this new environment face margin erosion and loss of market share.

Our experience shows that the operators and suppliers that will lead are those able to balance three things: operational efficiency, investment capacity and innovation in digital services. This is precisely where we come in.

What we do

Specialised services for telecommunications

Six areas where our engagement creates direct value for operators, suppliers and investors.

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Strategy & Market Positioning

Competitive strategy for telecommunications operators and suppliers — priority definition, digital services positioning, market analysis, entry into new segments and preparation for sector consolidation.

Network Investment & Infrastructure

Financial and technical structuring of infrastructure investment — including mobile network expansion, fibre deployment, data centres, towers and infrastructure sharing projects. Negotiation with financiers and strategic partners.

Operational Efficiency

Operational optimisation for operators — including network efficiency, customer care, distribution, retail and back-office. Implementation of network management systems, analytics and process automation.

Regulatory & Compliance

Alignment with telecommunications regulatory frameworks — including licensing, spectrum, infrastructure sharing, pricing, quality of service and interaction with national and regional regulators.

Digital Services & Innovation

Digital services strategy — including mobile money, cloud, IoT, enterprise solutions and content platforms. Structuring of partnerships with Big Techs and digital companies.

Tax & Financial Advisory

Specialised tax and financial advisory in telecommunications — including sector-specific tax regimes, tax compliance across multiple jurisdictions, investment structuring and telecommunications asset valuation.

Solutions

How we structure engagement in telecommunications

Three dimensions that respond to the real challenges of operators and suppliers in Africa.

Solution 01 · Strategy & Infrastructure Investment

Position and finance the next generation of infrastructure

The next decade of telecommunications in Africa requires significant investment in networks, fibre and data centres. We help operators and investors structure that investment with method, with multilateral financiers and strategic partners.

  • Competitive strategy and market positioning
  • Financial structuring of infrastructure projects
  • Negotiation with multilateral banks and ECAs
  • Structuring of infrastructure sharing partnerships
  • Preparation for sector consolidation and M&A
Solution 02 · Operational Excellence

Optimise operations and reduce costs sustainably

Margin pressure demands operational efficiency at a level most regional operators have not yet achieved. We help operators optimise networks, customer care, distribution and back-office with measurable impact.

  • Network efficiency and energy consumption optimisation
  • Customer care and distribution redesign
  • Implementation of management systems and analytics
  • Back-office and process automation
  • Training of technical and operational teams
Solution 03 · Digital Services & Regulation

Innovate in digital services with regulatory compliance

Growth in African telecommunications is coming from digital services — mobile money, cloud, IoT and enterprise solutions. We help operators structure digital offerings with method and maintain compliance with evolving regulation.

  • Strategy for mobile money and digital payments
  • Structuring of cloud and enterprise solutions offerings
  • Structuring of partnerships with Big Techs
  • Alignment with evolving regulatory frameworks
  • Preparation for data protection compliance
Where we operate

Three segments of telecommunications

Concrete experience in each segment, with dedicated teams and local presence through member firms.

Mobile & Fixed Operators

We support mobile and fixed operators in strategy, operational optimisation, infrastructure investment and digital services development.

  • National mobile operators
  • Fixed and broadband operators
  • MVNOs and virtual operators
  • Pan-African operators with multi-jurisdictional operations

Infrastructure & Tower Companies

We work with tower companies, fibre providers, data centres and telecommunications infrastructure companies in financial structuring, optimisation and expansion.

  • Independent and shared tower companies
  • Fibre optic providers
  • Data centres and cloud infrastructure
  • Transport networks and submarine cables

Digital Services & ISPs

We support ISPs, digital services companies and enterprise solution providers at all stages of growth — from initial structuring to fundraising and regional expansion.

  • ISPs and broadband providers
  • Digital services and cloud companies
  • Enterprise solution providers
  • Connectivity and IoT platforms
Products

Products developed for telecommunications

Structured products that solve specific problems of operators, suppliers and investors.

N01

Infrastructure Investment Framework

Complete framework to structure telecommunications infrastructure investment — including financial model, guarantee structure, covenant package and roadmap to financial close. Optimised for multilateral financiers and strategic partners.

Model · Structure · Covenants · Financial Close
N02

Operational Optimisation Programme

Structured operational optimisation programme for telecommunications operators — including network efficiency, customer care, distribution and back-office, with clear financial impact metrics.

Network · Customer Care · Distribution · Automation
N03

Digital Services Strategy

Specialised digital services structuring service for operators — including mobile money, cloud, IoT and enterprise solutions. Developed jointly with strategic partners and Big Techs.

Mobile Money · Cloud · IoT · Enterprise
N04

Regulatory & Compliance Programme

Structured regulatory alignment programme for telecommunications operators — including licensing, spectrum, infrastructure sharing, pricing, quality of service and preparation for interaction with regulators.

Licences · Spectrum · Pricing · Regulator
How we work

A structured engagement in four phases

Methodology tested in telecommunications projects across Mozambique, Angola and Malawi. Senior dedicated teams, with local presence through member firms.

01

Deep diagnosis

We understand the operation, the market, the regulatory framework, the competitors and the strategic partners before proposing any solution.

02

Tailored strategy

We design executable plans, with clear priorities, realistic budget, defined owners and success metrics established before starting.

03

Supported execution

We stay alongside the teams during implementation — in the operations, in regulator negotiations and in infrastructure projects, not from the outside.

04

Measurable impact

We measure progress at every stage. We report to the board and to financiers whenever it makes sense.

Results

The impact of our work in telecommunications

Concrete examples of projects delivered for operators, suppliers and digital services companies in the region.

-28%

Operating costs

Operational optimisation programme that reduced operating costs by 28% at a regional mobile operator, without compromising quality of service.

$120M

Structured financing

Financial structuring of a telecommunications infrastructure project in Angola, resulting in USD 120 million of financing from multilateral banks and export credit agencies.

+42%

Digital services revenue

Digital services strategy that increased non-traditional services revenue by 42% at a pan-African operator within 24 months.

2

Regulated jurisdictions

Structuring of operations in 2 regulated jurisdictions with complex regulatory frameworks, without operational disruption.

Next step

Let's talk about your operation's next step

We meet with your team to understand the operation's context and propose a concrete path — whether strategy, infrastructure investment, operational optimisation or digital services.

Contact us

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