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MTN Nigeria Says it Supports Government’s New SIM Registration Rules

MTN, the multinational mobile telecommunications company, reassured its Nigerian investors on Wednesday that the country's SIM registration rules will not have a huge impact on its finances. This comes after the Federal Government ordered all telecommunication operators to bar all...

MTN Group Appoints New COO for its Nigerian Arm

Africa's largest telecom, SA-based MTN Group has announced three new senior leadership appointments in its Nigerian, Iranian and Sudanese businesses all effective as of 1 April 2022. All three appointments were internal candidates, MTN says. MTN Nigeria's New COO Following the...

MTN Uganda Lists 22.4 Billion Shares & Commences Trading

MTN Uganda Limited announced yesterday that it has proceeded with the listing of its 22.4 billion ordinary shares on the Uganda Securities Exchange (USE), with trading commencing immediately. The listing has received the requisite approvals from the Capital Markets Authority...

MTN Pulls Free from Yemen Leaving Behind Millions of Subscribers

MTN Group today announces the company's exit from operations in Yemen in the Middle East. The company has been steadily pulling out from its operations in the Middle East, having left Syria in August due to "intolerable" operating conditions....

A Price Has Been Set for MTN’s IHS Tower Deal – Here Are The Details

After a lengthly competitive process, the MTN Group has announced that its South African arm has finalised a passive tower infrastructure transaction with IHS Towers. The transaction will entail the sale and leaseback of 5,709 of MTN SA’s towers –...

Just How Many Shares is MTN Nigeria Preparing to Sell in Upcoming Offer

The MTN Group, representing the largest telecom company in Africa, has announced that it is preparing to sell shares in its Nigeria arm worth about $242-million in the continuation of its plan to dispose of assets and pay down...

Is MTN Africa’s Best Employer? Forbes Thinks So

MTN Group has been featured on Forbes' World's Best Employers List 2021 where it reached the rank of 132, effectively making it the top African employer in the world, according to Forbes. It is also one of the only African...

How Much Will Kenyans Need to Pay for MTN Uganda’s Free IPO Shares?

MTN Uganda is offering free shares to Kenyan investors in a bid to motivate them in buying stocks in the telecom firm. MTN Uganda yesterday opened an initial public offering (IPO) at $250-million yesterday. South Africa’s MTN Group is currently...

South Africa’s Spectrum Debacle – What is Going On?

Recently, MTN issued a warning that the Independent Communications Authority of South Africa (ICASA)'s decision to take back the emergency temporary radio frequency spectrum it opened to the country's telecoms in April 2020 at the onset of the pandemic...

Top 10 Largest Telecom Companies in Africa

The COVID-19 pandemic has spurred digital transformation initiatives across Africa, but it has also affected the revenues of its largest telecommunication firms. Almost all of the companies in this list had their bottom lines affected by the global pandemic either...
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New Samsung AI TVs Redefine Home Entertainment

Samsung South Africa unveiled its 2024 TV and sound device portfolio at the Unbox & Discover at the Samsung...
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