Despite investing heavily in growing its mobile subscriber base, Telkom has been losing market share against Vodacom and MTN over the last five years. In the nineties and early 2000s, …
MTN
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Information & TechnologySouthern AfricaTechnologyTelecommunications
MTN witnesses an increase in profit by 47%
MTN reported a 47% increase in profit for the six months to end-June, with subscribers increasing by almost 6% from a year ago to almost 282 million. This was despite …
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AfricaBusinessMobile Telecommunications Network (MTN)NewsNigeriaTechnologyTelecommunicationsWestern Africa
MTN Nigeria launches home broadband services
MTN Nigeria Communications Plc has launched Home Broadband services to accelerate broadband penetration in Nigeria. With this launch, the Federal Government of Nigeria is a step closer to achieving its plan of …
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AfricaBusinessMobile Telecommunications Network (MTN)NigeriaTelecommunicationsWestern Africa
MTN Plans N113.9bn Interim Dividend For Shareholders
MTN Nigeria Communications (MTNN) Plc, in line with its dividend policy, approved an interim dividend of N113.98 billion, representing N5.60 per share to be paid out of distributable net income. …
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BusinessSouthern AfricaTechnologyTelecommunications
Telkom under pressure as share prices falls by 3%
Telkom is facing pressure on its profit margins as share price falls by more than 3% on Tuesday morning after the company reported a revenue decline. In a trading statement, …
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AfricaBusinessFinance & ServicesMobile Telecommunications Network (MTN)NigeriaTelecommunicationsWestern Africa
MoMo wallets records N2.4 active wallet, in less than two months
MoMo, MTN’s Payment Service Bank, has recorded 4.2 million wallets with 2.4 million being actively used in less than two months of its launch. The company disclosed this in its financial result …
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AfricaBusinessNewsNigeriaTelecommunicationsWestern Africa
5G: MTN, Huawei Install 100 5G sites ahead of launch in Nigeria
MTN Nigeria and Huawei Nigeria Technologies Company Ltd., have installed over 100 fifth generation (5G) mobile technology cell sites in the country ahead of the commercial launch of the service. …
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The South African Information and Communications Technology (ICT) space saw a major shake-up last week, after mobile operator MTN South Africa announced it was in talks to buy Telkom. Both …
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AfricaMobile Telecommunications Network (MTN)NigeriaTelecommunicationsWestern Africa
MTN Nigeria applies for N200 billion Bond Issuance Programme
MTN Nigeria Communications Plc has applied to the Securities and Exchange Commission in respect of the registration of a new N200 billion Bond Issuance Programme. This was contained in a …
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MTN Group on Friday entered into discussions to acquire Telkom. The news sent Telkom’s share price rocketing higher. MTN has long been interested in Telkom, with market talk about discussions …