MTN, Vodacom given boost by promise of long-delayed spectrum

2019-06-21 19:32

Vodacom and MTN, the country's two biggest mobile-phone providers, have long been demanding the opportunity to bid for new spectrum to extend high-speed internet to new customers and increase data revenue.

MTN appoints new head of legal

2019-05-27 21:28

MTN has appointed Kelebogile Modise as its new group chief legal counsel, replacing Michael Fleischer who will retire in July 2019.

MTN faces new Nigeria headache as local unit probed over listing

2019-05-25 13:59

MTN’s Nigeria listing is being investigated by local authorities, the latest in a series of disputes in the wireless carrier’s largest market.

MTN Nigeria listing set for Thursday, valuing it over R70bn

2019-05-15 09:55

MTN Group said its long-awaited Nigerian listing will go ahead on Thursday with the price set at 90 naira, about R3.55 per share.

MTN Nigeria said to consider Lagos share listing next week

2019-05-08 19:19

MTN’s Nigerian unit may list shares in Lagos next week, according to two people familiar with the matter, almost three years after agreeing to the move as part of a deal with local regulators.

Vodacom, MTN shares fall after Competition Commission finds data too expensive

2019-04-24 16:13

Vodacom and MTN shares fell after one of the competition regulators ruled that the mobile-phone companies overcharge customers for data – particularly those with lower incomes.

Redelinghuys church blaze: Cell companies restoring town's connectivity

2019-04-10 16:00

Cell companies are trying to get Redelinghuys reconnected after a church fire cut connectivity to the Western Cape Town.

Zim courting SA telecoms companies for investment, says finance minister

2019-03-27 08:21

Zimbabwe is courting SA investors in the telecoms sector, Finance and Economic Development Minister Mthuli Ncube said on Tuesday.

MTN drops as Nigeria urges court not to block $2 billion penalty

2019-03-26 14:05

MTN shares fell almost 7%, before recovering, after Nigeria’s government said Africa’s biggest mobile operator evaded taxes and urged a Lagos court not to block a $2bn penalty.

Yusuf Saloojee, former Iran ambassador linked to alleged corrupt MTN deal, wholly innocent - lawyer

2019-03-18 19:36

Although former South African ambassador to Iran, Yusuf Saloojee, died before "baseless" corruption charges against him could be withdrawn, his family is committed to demonstrating he is "wholly innocent of any wrongdoing".

 

PIC forced board shakeup at MTN in push for fewer disputes

2019-06-04 08:32

MTN Group’s biggest shareholder is pushing for changes at Africa’s largest mobile-phone company to avoid the regulatory, legal and political disputes that have cut its share price by more than half over the past four years.

Last week was horrifying for big SA businesses and their bosses — here’s how the losses are piling up

2019-05-27 05:30

So far, 2019 has been disastrous for investors in most of South Africa’s largest listed companies.

MTN Nigeria needed just 16 minutes to reverse market fortunes

2019-05-16 19:02

After a lengthy ceremony of speeches, congratulations and rounds of applause delayed the start of trading for more than half an hour, it looked as though MTN Nigeria Communications may not trade at all with the market due to close for the day at 14:30.

MTN is raising R8bn in Nigeria for expansion

2019-05-14 08:31

MTN Group's Nigerian unit plans to raise about R8bn this year from a variety of sources including bank loans and bonds to expand operations in its biggest market.

Mcebisi Jonas announced as next MTN chairperson

2019-05-03 10:57

The MTN group announced that former deputy finance minister Mcebisi Jonas has been appointed its chairperson-designate.

Here is what you are paying for cellphone calls and data

2019-04-22 20:45

According to a new report by ICASA, start-up Rain offers the most competitive mobile data rates, while Cell C offers the most affordable pay-per-second voice calls.

Tanzania charges Vodacom of depriving state of $4.8 million

2019-04-04 11:25

Tanzania charged five employees of the Vodacom Group’s local unit, including Managing Director Hisham Hendi, with allegedly depriving the government of more than $4.8 million in revenue.

You can now buy MTN data via Whatsapp

2019-03-26 14:55

The announcement came during a turbulent day for the company, which at one stage saw its share price down 7%.

MTN South Sudan gets boost as hopes rise that war is ending

2019-03-22 13:20

The MTN Group's South Sudan unit said it’s investing at least $30m in revitalising and expanding its operations as a new deal to end a five-year civil war brings relative peace to much of the country.

Yusuf Saloojee, former Iran ambassador arrested over alleged corrupt MTN deal, dies

2019-03-18 13:54

Former South African ambassador to Iran, Yusuf Saloojee, who was embroiled in the MTN/Turkcell saga, has died.

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