Tag Search : MTN

Telecom  |  Nigeria: MTN Looking To Sell Some 30 Percent Share Capital To The Public

Reports are indicating that the leading mobile network operator, MTN Nigeria, may sell about 30 percent ordinary shares to Nigerians in a much-awaited initial public offering (IPO). Interested parties in the IPO indicated that MTN Nigeria could sell the said ...
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Telecom  |  Uganda: MTN Receives License Renewal Conditions

The Uganda Communications Commission (UCC) has released a policy which states that for MTN Uganda to renew its licence, it must widen its current 4G coverage in urban areas and cover all other areas with 3G. The leading telecom provider ...
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South Africa: Cell C Enters Roaming Partnership Deals With MTN

The South African mobile company, Cell C has announced it has entered into a "far-reaching roaming agreement" with Africa's telecoms giant MTN with an aim to complement its high-quality network. According to Cell C's CEO, Jose Dos Santos, “We conducted ...

Ghana: MTN To Raise About $750 Million In Initial Purchase Offer (IPO)

Reports have indicated that MTN’s Ghana operation is making efforts to raise 3.47 Billion Ghanian cedis (USD750 million) in a 35 per cent Initial Public Offering (IPO). IPO monitors are saying that the leading telecoms operator MTN, in what is ...

South Africa: MTN Checks Out Huawei Technologies To Solve Spectrum Challenge

Reports have revealed that MTN Group have commercially deployed the CloudAIR 2.0 offering in South Africa, using technology from Huawei Technologies that allows it to share spectrum between 2G, 3G and 4G services, instead of allocating resources entirely to one ...

MTN, Africa's Telecom Giant, In USD450 Million Repatriation Problem

Reports state that MTN faces the risk of not being able to repatriate about R4.6 billion from Iran if US President Donald Trump persuades his allies in Europe to re-enforces ban on the middle east nation. MTN Group has been ...

Nigeria, Ghana Stimulates MTN's Quarter One Growth

MTN has reported a 9.1% year-on-year increase in service revenues for its first quarter of 2018, explicitly naming its Ghana and Nigeria operations as responsible for driving the growth. Shuter also noted that MTN, a dominant mobile force in South ...

Nigeria: MTN Nigeria Music Streaming Service Partners With Sony Music

The  Music + streaming service of the giant telecommunications company MTN Nigeria has entered into a partnership with Sony Music Entertainment to distribute on its platform contents of the label’s catalogue. The agreement between MTN's Music+ and Sony Music Entertainment, ...

Nigeria: New Investment Firms Appointed By MTN Group For Nigeria Unit’s IPO

MTN has newly appointed Chapel Hill Denham, a Nigerian investment firm, as the lead issuing house for its Nigerian initial public offering (IPO). The joint issuers that were appointed as well are Renaissance Capital, South Africa’s Rand Merchant Bank, and ...

MTN Group Meets Nigerian Government Over Country's IPO Plans

MTN Group has met with the federal government of Nigeria to re-assure the government of its determination on the planned IPO and diversification of shareholding to Nigerians. The MTN  Group's delegation which was led by its Chairman Mr Phuthuma Nhleko ...

Nigeria: MTN Nigeria Has Paid N165Bn Out Of N330Bn Fine To NCC

The Nigerian Communications Commission ( NCC) said MTN had paid the sum of 165 billion Naira out of the 330 billion Naira fine it was charged due to its inability to disconnect SIM cards that were not registered properly. Executive ...

Nigeria: MTN, Huawei Collaborate To Connect Rural Communities With Low-Cost Broadband Services

Nigeria: MTN, Huawei Collaborate To Connect Rural Communities With Low-Cost Broadband Services Telecommunications company - MTN Nigeria and technology company - Huawei are collaborating to provide remote communities in Nigeria with low-cost mobile broadband services. The project tagged ‘RuralStar 2.0’ ...