Tag Search : MTN

Telecom  |  Regulator Announces That MTN, Nigerian Central Bank Dispute Is Close To Resolution

The Nigerian telecoms regulator has announced that the $8.1 billion dispute between the Nigerian Central Bank and MTN is being resolved and will very soon be over. Prof. Umar Garba Danbatta, the Executive Vice Chairman of the Nigerian Communications Commission, ...
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Telecom  |  MTN Introduces Music Streaming Service MusicTime

MTN has announced the arrival of music streaming service MusicTime, which it proudly refers to as "a world first offering" from its crafty team at Simfy Africa. According to a statement issued by MTN, MusicTime is a time-based music streaming ...
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MTN Ghana Gets Issued US$1.8-million Fine

MTN Ghana has been issued a fine amounting to US$1.8-million by Ghana’s telecoms regulator, the National Communications Authority (NCA), citing poor quality of service. The NCA also fined Vodafone, AirtelTigo and Glo, accusing all four operators of neglecting to honour ...

PIC Raises Stake In MTN To 26%

The Public Investment Corp. has raised its stake in the MTN Group Ltd. twice in two days, taking advantage of a price that is close to a 10-year low amid the telecoms operator’s crisis in Nigeria. Johannesburg-based MTN announced in ...

More MTN Executives Jump Ship Amid Nigeria Crisis

According to sources familiar with the matter, another high-ranking executive is set to leave the MTN Group soon, as Africa’s giant wireless carrier battles over $10 billion of claims in its largest market of Nigeria. People who requested not to ...

MTN Shares Increase On News Of Nigeria Dispute Settlement

MTN Group shares shot up by 4 percent on Friday 23 November 2018 with traders attributing the rise to the reports that Nigeria’s central bank was very close to reaching an agreement over an $8.1 billion dispute with the South ...

MTN And Orange Join Forces To Target Money Users In Africa

MTN Group and Orange Group have announced a joint venture that will place its focus on mobile wallet ability to enable interoperable payments throughout Africa. Africa’s leading mobile operator and mobile money provider have joined forces and created Mowali. Mowali ...

MTN Buys Simfy Africa

MTN CEO, Rob Shuter announced during a speech at AfriCom 2018 in Cape Town, South Africa, that MTN has acquired Simfy Africa, a local music streaming house which Shuter referred to as “Africa’s leading music streaming business”. In the coming ...

Nigeria: Plan To Reduce MTN $8.1Bn Fine To $800m Causes Outcry

The upper chamber of the National Assembly in Nigeria has queried the reasoning behind the suggestion by the Federal Government to decrease the $8.1 billion fine imposed on the communications giant MTN, to $800 million.   The development is currently ...

AfricaCom 2018: New Mobile Device Designed To Make Internet Connectivity Affordable

At the annual AfricaCom conference that was held in Cape Town, South Africa, the CEO of MTN Group, Executive Vice President of China Mobile Communications Group Co Ltd., CEO of KaiOS Technologies Inc., and the Executive Vice President of UNISOC ...

CBN And MTN Close To Settling USD8.1 Billion Dispute

The MTN Group and the Central Bank of Nigeria are said to be close to finally putting their legal scuffle to bed. A settlement is expected by Monday, 12 November 2018, and could come as early as Friday, 9 ...

Nigeria: MTN Introduces Partner Ecosystem To Deliver Efficient Enterprise Solutions

MTN Nigeria along with many other Nigerian businesses is launching its maiden Partner Summit that will be themed ‘MTN Fusion’. The Partner Summit was held on Thursday, November 8, at the Landmark Events Centre in Nigeria will be an annual ...