Vodacom, MTN slam cell cost charges

2014-01-30 07:00

Cellphone giants Vodacom and MTN are considering their options following telecoms regulator Icasa's new call rules that favour rivals Cell C and Telkom Mobile.

Ivory Coast calls MTN out on poor service

2013-05-07 11:16

MTN shares fell after Ivory Coast's government named it as one of five companies that risk losing operating licences due to poor levels of service.

Easter Sunday SIM swap shock

2013-05-06 13:57

A Fin24 user who was told she had run up a bill equivalent to downloading 50-odd movies in a few hours is fed up with being ignored by corporates.

Turkcell drops lawsuit against MTN

2013-05-02 07:49

Turkish telecom company Turkcell has dropped its multibillion-dollar US lawsuit against MTN, citing a recent US Supreme Court ruling that hurt its case.

MTN eyes $8bn in acquisitions

2013-04-11 07:58

MTN could spend up to $8bn on an acquisition and is looking for targets on the continent, the Middle East and Southeast Asia, CEO Sifiso Dabengwa says.

Bombers target MTN in suicide plot

2012-12-24 09:12

Authorities blame a radical Islamist sect in Nigeria for twin suicide car bombings targeting MTN and Bharti Airtel, officials have said.

SA to get 100 more transmitter towers

2012-11-22 13:47

Eaton Towers, which owns and manages telecom infrastructure in Africa, says it will build about 100 towers in South Africa next year.

MTN ups subsribers to 183m

2012-10-25 10:25

Telecommunications group, MTN has reported a near 4% increase in subscribers in the third quarter and lifted its guidance for new users this year.

SA's top employers unveiled

2012-09-06 11:27

It's official - Old Mutual, Microsoft SA and MTN are the best employers in South Africa, according to a survey.

MTN in talks to repatriate Iran funds

2012-08-08 12:55

MTN is in discussions with US and South African authorities over repatriating earnings from its Iranian business, says CEO Sifiso Dabengwa.

Vodacom boosts customers, revenue

2012-07-19 07:51

Vodacom, a unit of British mobile operator Vodafone, has reported a 9.3% rise in first-quarter revenue, buoyed by growth in data and customers.

SA envoy in Iran probed over MTN

2012-07-10 13:57

The department of international relations has confirmed it is investigating allegations that the former ambassador to Iran, Yusuf Salojee, accepted payments from MTN.

MTN vows to cooperate with Hawks

2012-06-06 07:55

MTN says it will cooperate fully in the Hawks' investigation relating to a mobile phone licence in Iran.

MTN exec admits to bribe

2012-06-03 10:50

A senior former MTN executive has admitted to bribing South ­Africa's former ambassador to Iran to thank him for assisting the mobile giant.

Cell C move sparks price war

2012-05-27 11:21

There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.

MTN subscribers up by 4%

2012-05-04 14:38

MTN Group has reported a 4% rise in subscribers for the first quarter, helped by increases in its key markets of South Africa, Nigeria and Iran.

MTN recovers from Turkcell hammering

2012-04-03 10:17

MTN shares have gained after being hit by Turkish rival Turkcell's court action in the US, charging it of bribery to win a licence in Iran.

Former MTN CEO denies bribes to Iran, SA

2012-04-02 08:04

Former MTN boss Phuthuma Nhleko says he did not authorise bribes to Iranian and South African government officials in return for a cellular licence in Iran.

Cell C wants to double market share

2012-03-29 08:50

Cell C aims to double its market share in the next three to four years by luring customers from rivals MTN and Vodacom, says incoming CEO Alan Knott-Craig.


MTN only African brand in top 100 survey

2013-05-21 14:55

MTN has outshone other brands such as KFC, Woolworths and Volkswagen to slot in at No 79 in a prestigious global brands survey.

Ivory Coast cell firms face licence chop

2013-05-07 09:31

Ivory Coast mobile telecoms companies risk losing their licences if they do not improve their poor levels of service, a minister says.

SIM swap bank fraud a major problem

2013-05-02 17:38

Neither banks nor cellphone service providers can be held responsible for losses due to SIM swap fraud because no one did anything wrong, says an expert.

MTN reports record subscribers

2013-04-25 08:02

Mobile phone operator MTN has increased subscriber numbers by 3.2% in the first quarter 2013 from the fourth quarter 2012 to 195.4 million.

MTN hails US court ruling over Iran

2013-04-18 13:58

MTN CEO Sifiso Dabengwa has hailed a US Supreme Court ruling as a major boost to its defence against a $4.2bn lawsuit from rival Turkcell.

MTN sets sights on Myanmar

2013-03-07 09:40

MTN has joined a group of 90 companies vying for one of two mobile network licences in Myanmar, a report says.

Cloud over MTN/Shanduka deal

2012-12-07 10:49

A romantic relationship between Shanduka CEO Phuti Mahanyele and MTN president Sifiso Dabengwa has raised questions over a deal last month with MTN Nigeria.

Telkom picks hotel exec as chairperson

2012-11-16 16:11

Telkom says it has appointed a former gaming and hotel executive as its next chairperson, following the abrupt departure of several board members.

MTN confirms Turkcell suit on hold

2012-10-15 09:01

MTN has confirmed that a US court has put on hold the $4.2bn lawsuit against it by Turkish rival Turkcell, pending a separate US Supreme Court decision.

Rand hedge stocks retain their worth

2012-08-17 14:51

Rand hedge stocks such as MTN and Naspers remain attractively valued compared to pure domestic businesses, says an industry expert.

Growth in Iran, Ghana boosts MTN

2012-08-08 08:50

MTN has reported a 14% increase in first-half profit, as solid growth in South Africa, Iran and Ghana helped it overcome tougher competition in its key Nigerian market.

The rise and fall of Saloojee

2012-07-15 13:27

With his distinguished struggle past, the MTN scandal threatens to taint the legacy of suspended SA ambassador to Iran, Yusuf “Jojo” Saloojee.

MTN asks court to throw out Turkcell suit

2012-07-03 13:04

Mobile operator MTN has asked a US court to dismiss a $4.2bn suit brought by rival Turkcell after alleged underhand tactics to obtain an Iranian mobile licence.

MTN 'was warned' over Iran

2012-06-17 14:00

Mobile giant MTN's bosses were allegedly warned of being 'screwed' in a multibillion-rand loan deal over the financing of the Iranian cellphone licence.

Hawks swoop on MTN

2012-06-05 13:25

The Hawks have opened an investigation into allegations of corruption at cellphone giant MTN relating to its purchase of a mobile licence in Iran.

MTN cooperating with US on Iran sanctions

2012-05-29 13:41

Mobile operator MTN says it is working with US authorities to manage compliance with sanctions against Iran, one of its biggest markets.

Nigeria fines MTN For bad service

2012-05-21 07:50

Nigeria's telecoms regulator has fined the country's four main mobile operators, including MTN, a total of 1.17 billion naira for poor-quality service.

Nigeria threatens MTN with sanctions

2012-05-04 07:45

Nigeria's telecommunications authorities have threatened to impose sanctions on an affiliate of MTN over alleged poor service to subscribers.

Nigerian militants threaten SA investments

2012-04-15 11:28

Militant group MEND is threatening to attack SA's Niger Delta investments - including MTN - because of the terror trial of its leader in Johannesburg.

DA wants MTN Iran records made public

2012-04-04 13:06

The Democratic Alliance says it will request that documents detailing MTN's dealings in Iran be made public under the Promotion of Access to Information Act.

MTN slides on Turkcell lawsuit

2012-04-02 10:11

MTN shares have fallen over 3% in early trade, as investors hammer Africa’s top telecom over a $4.2bn lawsuit from Turkish rival Turkcell.

Turkcell sues MTN for $4.2bn

2012-03-30 07:50

Turkish mobile operator Turkcell has filed a $4.2bn lawsuit in a US court against SA rival MTN over alleged corruption in a deal in Iran.

MTN ups profit, boosts subscribers

2012-03-07 10:24

Africa's largest cellphone operator MTN has posted a 43% rise in full-year earnings, after last year’s results were hit by costs from an empowerment share scheme.

MTN dives on potential Iran suit

2012-02-03 09:27

MTN shares tumbled nearly 4% in early trade, after it said it faces a potential lawsuit from Turkey’s Turkcell over its licence in Iran.

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