MTN GlobalConnect announced an important step in the evolution of its business through the unveiling of its new name and positioning – Bayobab.
The brand reveal took place at International Telecommunications Week (ITW) Conference in Washington DC, attended by over 6000 delegates from across the digital wholesale telecoms community.
The new identity, Bayobab, represents the company’s strategic transformation journey to connect Africa with open next-gen digital solutions through its two distinct businesses, Bayobab Fibre and Bayobab Communication Platforms.
MTN Group President and CEO Ralph Mupita said, “Building the largest and most valuable platforms is part of our Ambition 2025 strategic priorities.
"The brand change from MTN GlobalConnect to Bayobab reflects the change underway to position the business as a world class, Africa-focused open-access digital infrastructure platform serving not just MTN but other third parties as customers.
"We will also bring strategic partners into the business over time who will provide skills and capital to support and accelerate the growth of this business.”
Inspired by the Baobab tree – which many recognise as the “tree of life”, Bayobab is the enabler of the digital connectivity value chain across the African continent.
The rebrand is the first step in the business transformation journey since announcing MTN Group’s Ambition 2025 strategy to structurally separate its fibre business, targeted for completion by 2024.
This will enable Bayobab to unlock value within the business, attract strategic partners, and comply with local regulations across its key markets.
Commenting on the rebrand, Frédéric Schepens, Bayobab Group CEO, said: “As a young entrepreneurial business delivering value through open next-gen digital solutions, we believe Bayobab best encompasses our vision of connecting Africa and ensures we add meaningful value across the continent.”
“Our strategy has borne much fruit, as evidenced by our performance and delivery. We are well-positioned to open a significant digital doorway that bridges Africa’s digital divide to connect communities,” Schepens added.
Looking ahead, Bayobab will continue investing in the business and its people to achieve its strategic goals.
As Bayobab, we will remain committed to forging strong global partnerships that connect the unconnected, deepening internet adoption to accelerate Africa’s vision for digital transformation.
Latest Stories
-
Samsung’s AI-powered innovations honored by Consumer Technology Association
15 mins -
Fugitive Zambian MP arrested in Zimbabwe – minister
33 mins -
Town council in Canada at standstill over refusal to take King’s oath
44 mins -
Trump picks Pam Bondi as attorney general after Matt Gaetz withdraws
56 mins -
Providing quality seeds to farmers is first step towards achieving food security in Ghana
1 hour -
Contraceptive pills recalled in South Africa after mix-up
2 hours -
Patient sues Algerian author over claims he used her in novel
2 hours -
Kenya’s president cancels major deals with Adani Group
2 hours -
COP29: Africa urged to invest in youth to lead fight against climate change
2 hours -
How Kenya’s evangelical president has fallen out with churches
2 hours -
‘Restoring forests or ravaging Ghana’s green heritage?’ – Coalition questions Akufo-Addo’s COP 29 claims
3 hours -
Ensuring peaceful elections: A call for justice and fairness in Ghana
4 hours -
Inside South Africa’s ‘ruthless’ gang-controlled gold mines
4 hours -
Give direct access to Global Health Fund – Civil Society calls allocations
4 hours -
Trudeau plays Santa with seasonal tax break
4 hours