Tag Search : MTN

Telecom  |  Nigerian Banks Suspend MTN Airtime Sales

According to recent reports, banking platforms, excluding Zenith Bank, have removed MTN Nigeria from their banking platforms. This action comes after MTN, the West African nation's biggest telecoms services provider with 79 million subscribers, reduced the commission paid to the ...
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Telecom Services  |  MTN Group Affirms Focus On Pan-African Market

The MTN Group, a multinational mobile carrier specialising in emerging markets and operating in various African countries, has reported its latest figures of 280 million subscribers, making the operator the largest mobile operator on the African continent. It has been ...
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MTN Reports Growth Despite Pandemic

Mobile operator MTN released a financial and statistical report on Wednesday for the year ended December 2020.  According to the report, MTN has received a growth of 19.9%, characterised by an increase of 28.8 million subscribers to a whopping 279.6 ...

MTN Seeking To Conclude US$65-million Sale Of Syrian Business

Africa's telecom giant, MTN, has announced that it is still moving forward with closing the sale deal on the 75% ownership it has in MTN Syria, even as that business is already under judicial custody (guardianship).   Authorities in the ...

MTN To Sell Stakes In BICS - Deal Will Raise US$130 Million

MTN Group (Africa's most prominent telecommunications operator) has announced it is in the throes of finalising the deal that would see it sell-off its twenty per cent shareholding a Belgian telecommunication outfit called Belgacom International Carrier Services SA (BICS). The ...

MTN Group To Engage Bankers For Sale Of South African Telecom Towers - Reports

According to industry sources, MTN Group is reported to have appointed South African based Standard Bank Group and Citigroup to advise it on the proposed "sale and leaseback" of some of its mobile telecommunications towers in South Africa.   Reporting ...

South Africa: MTN Latest Operators To Take Regulator To Court Over Spectrum Issues

MTN South Africa has, according to reports, become the latest in the line of telecoms operators and stakeholders in South Africa, to take the country's telecoms regulator - the Independent Communications Authority of South Africa (ICASA) - to court due ...

MTN Offers Up Regional Changes As Part Of Strategy Revision

As part of a group strategy review, MTN, Africa's largest telecommunications network, has announced that from January 01 2021, MTN Ghana will become part of MTN's West and Central Africa (WECA) region. The hitherto Southern, East Africa and Ghana (SEAGHA) ...

MTN Reports Strong Q3 Earning Despite "Tough" Market Conditions

The MTN Group said its had recorded better than expected quarter three earning driven by more robust subscriber growth and despite a desperate market condition spurred by the pandemic. According to the MTN financial report, the excellent performance has been ...

MTN Nigeria Get A New CEO - Karl Toriola

The MTN Group has announced a shake-up of its top management executives with the announcement of Mr Karl Toriola as the new Chief Executive Officer (CEO) of MTN Nigeria - its largest market operation. Karl is taking over from Ferdi ...

Telecoms: MTN and Vodacom Are The Most Powerful Brands In Africa

A recent report from Brand Finance Africa has indicated that two South African companies, MTN and Vodacom, have the most impactful brands on the continent, with the MTN brand rated the most valuable, and Vodacom the strongest.   Brand Finance ...

MTN Ghana Withdraws From "Significant Market Player" Lawsuit

MTN Ghana - the country's leading telecom networks and services provider -  said, earlier this week, that it had withdrawn the court case application made to the Ghana's Supreme Court against the National Communications Authority of Ghana (NCA) - the ...