Vodacom falls after cutting dividend amid economic weakness

2017-11-13 12:20

Vodacom shares have fallen the most in more than a month after reducing its first-half dividend amid weaker economic conditions in some of its key markets.

MTN takes on Vodacom for title of Africa's biggest digital bank

2017-11-03 07:41

MTN is seeking to challenge rival Vodacom as Africa’s biggest digital bank by tripling its customer numbers within three years.

MTN appeals to court to dismiss $4.2bn Turkcell case

2017-10-31 21:30

MTN has asked the High Court in Johannesburg to dismiss a $4.2bn damages claim by Turkcell Iletisim Hizmetleri, five years after the case was first brought in relation to the awarding of an Iranian license in 2005.

Internet key to media and entertainment growth

2017-09-24 06:00

The internet is set to be a key growth driver in media and entertainment for the next four years.

MTN and IBM harness smart collars to save rhinos

2017-09-19 21:02

Computer company IBM and mobile network MTN have collaborated to create smart collars that they hope will help stop the poaching of rhinos in South Africa.

Zambia seeks bids for new mobile provider to take on MTN

2017-09-19 10:24

Zambia is seeking bidders for a fourth mobile-network license to take on operators including market leader MTN Group in the southern African country, Transport and Communications Minister Brian Mushimba said.

NTT's African unit said to attract interest from MTN, Vodacom

2017-08-07 11:05

Nippon Telegraph & Telephone has attracted competing interest from MTN and Vodacom for the African operations acquired with the takeover of Dimension Data.

MTN boss admits: Data too expensive for the poor

2017-08-04 05:00

MTN CEO Rob Shuter has admitted that out-of-bundle data costs are exorbitant and need to be fixed.

MTN expects to make good on Nigeria losses in interim results

2017-08-02 12:44

Service provider MTN expects to report positive numbers in its interim financial results for the six months to end-June 2017.


MTN absolved in R200bn funds repatriation probe

2017-11-09 08:13

Nigerian lawmakers investigating allegations of illegal repatriation of almost $14bn by MTN's local unit found the company hadn’t violated the law.

MTN focused on preparing for Nigerian unit IPO in six months

2017-11-01 15:33

MTN is focused on laying the groundwork for an initial public offering of its Nigerian business and should complete the process in the next six months, says CEO Rob Shuter.

MTN data and digital services rise amid revenue drop

2017-10-24 10:55

MTN Group has announced a drop of 13.4% and 14.0% respectively in total revenue and group service revenue in its quarterly results to end-September 2017.

MTN employees win back right to keep company cars and petrol cards

2017-10-05 06:30

Twenty radio mast engineers employed by cellphone service provider MTN in Durban have won a court battle allowing them to keep their private company cars.

MTN resolves glitch after hours of downtime

2017-09-21 20:36

A network glitch which knocked service provider, MTN for several hours has been resolved, the company told Fin24 on Thursday night.

#DataMustFall: R2K picketers call for cellphone companies to ring in the changes

2017-09-19 15:36

Civil organisation Right2Know has led pickets outside the four major telecommunications companies in Gauteng, demanding affordable voice and data costs for South Africans.

Right2Know to lead protest for cheaper data prices

2017-09-19 06:11

Civil organisation Right2Know will on Tuesday protest at headquarters of South Africa’s four largest telecommunications companies in Gauteng, demanding that the price of cellular data decrease.

New MTN boss bets big

2017-08-06 06:58

The new boss of MTN, Rob Shuter, has ambitious plans for the group, which include substantially increasing subscribers to its data and digital products.

MTN on recovery road as data, digital services boost revenue growth

2017-08-03 11:43

Network service provider MTN has shown improved financial results with group revenue rising 6.7% to R64m, spurred by data revenue growth.

Ruling party's business arm dominates Rwandan economy

2017-07-30 10:55

Rwanda's ruling party has tightly controlled the political sphere for over two decades, but it is also accused of monopolising the economy via its very own conglomerate: Crystal Ventures.

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