Tag Search : MTN

Telecom  |  Nigeria: Central Bank and MTN to Strike a Deal in $8.1Bn Dispute

South African telecommunications provider, MTN and the Central Bank of Nigeria (CBN) are on the verge of striking a deal and coming to an amicable resolution in their dispute over the repatriation of $8.1 billion, according to Nigeria’s Minister of ...
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Telecom  |  Nigeria: Central Bank Slaps MTN Nigeria With A Counterclaim

The Central Bank of Nigeria has responded with a counterclaim to MTN Nigeria’s request for an order to stop the bank that is forcing it to repatriate a staggering amount of USD8.1 billion that CBN claims was illegally sent out ...
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MTN May Stop Proposed IPO Over $10Bn Demand By Nigeria

In the midst of facing a combined $10 billion in claims from the Nigerian authorities, MTN Group Ltd said there might no longer be a need to raise capital through an initial public offering on Nigeria’s stock exchange. Africa's mobile ...

MTN Operating Licence Will Be Renewed In Uganda - UCC

Uganda Communications Commission will reinstate the operating licence of the local unit of the MTN Group, a South African telecom company, albeit coming with “new stricter terms.” According to Mr Frank Tumwebaze, Uganda's Minister of ICT, MTN was given the ...

MTN, Vodacom Urges SA To Begin Immediate Use Of 5G Networks

Leading Telecommunications firm, MTN and South African Mobile Communications Company Vodacom have warned that unless the government ensures that 5G spectrum is released quickly, South Africa will find itself for the first time completely left behind at the release of ...

Nigeria: MTN In Suspense Over NCC's Decision To Review Visafone Licence

The plans of leading telecommunications company MTN Nigeria to acquire Visafone's license, frequencies and subscribers, has been suspended by the Nigerian Communications Commission (NCC) to enable the commission to examine the acquisition more closely. The network regulator released a statement, ...

MTN, StarTimes Allies To Launch TV App in Uganda

Leading telecoms operator MTN Uganda has announced its collaboration with the Chinese owned pay-tv company, StarTimes Uganda to offer special promotional MTN TV bundles for viewers to watch StarTimes channels for as low as $0.51 US (for two hours) and ...

MTN Group To Introduce New Products In Namibia

Giant telecoms provider MTN has announced plans to introduce new services in Namibia by August 2018. According to MTN Namibia Executive, Hester Marais, MTN will be using Namibia’s state-owned network for its services, with further plans to also make its ...

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 ...

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 ...

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 ...