Tag archive for ‘MTN’
MTN
By metro On Thursday, February 8th, 2018
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MTN to Plan $500 Million Nigeria Share Sale in 2018

MTN Group Ltd. plans to raise about $500 million from the sale of shares in its Nigerian business during the first half of the year, fulfilling the terms of a deal struck with the West African nation to settle More...

By metro On Thursday, December 28th, 2017
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MTN assigns $231m shareholder loan to African phone tower group

MTN Group, Africa’s biggest mobile phone operator, said on Thursday it had assigned a $231 million shareholder loan to phone tower group, IHS Holding Ltd, impacting its 2017 profits. MTN, which returned to profit More...

By metro On Friday, November 17th, 2017
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MTN urges use of data to solve socio-economic problems

With proper application, developing economies, including Nigeria, can apply big data to solve fundamental socio-economic problems, particularly the Millennium Development Goals (MDGs), the MTN Nigeria’s Chief More...

MTN
By metro On Wednesday, November 1st, 2017
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MTN Focused on Preparing for Nigerian Unit IPO in Six Months

MTN MTN Group Ltd. 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, Chief Executive Officer Rob Shuter said.  “We More...

By metro On Thursday, October 26th, 2017
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Porting activities decline by 1,323

The Nigerian Communications Commission (NCC) on Thursday said that Mobile Number Portability (MNP) activities carried out by telecommunications operators decreased from 34,837 in August to 33,514 in September. The More...

By metro On Thursday, August 3rd, 2017
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MTN returns to first-half profit after turbulent 2016

MTN MTN Group, Africa’s biggest mobile phone operator, returned to first-half profit on Thursday, marking a move away from a turbulent 2016 that highlighted the risks of the company’s emerging markets More...

MTN
By metro On Friday, July 28th, 2017
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Senate withdraws report exonerating South Africa’s MTN over FX transfers

MTN Nigeria’s Senate has withdrawn a report that largely exonerated South African mobile phone giant MTN of accusations of illegally repatriating $14 billion and that rebuked the Nigerian central bank for More...

By metro On Saturday, July 1st, 2017
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MTN to list stock on Nigerian Exchange soon

MTN  on Friday in Abuja said it would list its shares on the Nigerian Stock Exchange this year. MTN General Manager, Mr Nikiwe Tsaagane, made this known when he paid a courtesy visit to Dr Ogbonnaya Onu, Minister More...

MTN
By metro On Wednesday, May 10th, 2017
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Y’ello! We DIDN’T increase prices of recharge cards, says MTN

Vendors selling MTN recharge cards at prices above the face value are doing so illegally, the mobile operator has said. Adekunle Adebiyi, the acting sales and distribution executive of MTN, said in a statement on More...

By metro On Thursday, March 2nd, 2017
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MTN swings to first annual loss in 20 years after Nigeria fine

Africa’s biggest mobile phone operator MTN Group swung to its first annual loss in two decades on Thursday, hit by a regulatory fine in Nigeria and unfavourable currency moves but its shares soared after it More...