MTN needs Nigerian investor with R14.5 billion for tower deal
MTN Group is seeking local investors to acquire a 30% stake in IHS Nigeria under an agreement with the country’s antitrust authorities.
Auto Added by WPeMatico
MTN Group is seeking local investors to acquire a 30% stake in IHS Nigeria under an agreement with the country’s antitrust authorities.
One of the highest-paid CTIOs on the African continent received total remuneration of R41.795 million from MTN in the 2025 financial year. In a recent interview, he also wished his team pain and suffering in their careers.
South Africa’s two largest mobile networks have given different explanations for rising contract prices.
MTN launched its Ayoba super app a year after data revenue first overtook voice revenue in an attempt to transform the company from a traditional telco.
Mobile operators have until 15 January 2027 to zero-rate digital content from public benefit organisations.
Nine years after shutting down its VU streaming video platform, MTN has launched One TV, which the mobile operator has assured will not meet the same fate as its predecessor.
ICASA has withdrawn its use of the word “collusion” to describe what it said was a pattern of similar behaviour at Vodacom and MTN.
Vodacom and MTN said their South African customers have grown reluctant to answer calls. However, data-driven calling has a greater impact on call volumes.
MTN Group published a trading statement ahead of its interim results, advising shareholders to expect a significant change in its earnings for the first half of the year.
Ralph grew up wanting to become an astronaut, but became a civil engineer before going on to become the CEO of the second-largest mobile telephone network in South Africa.