MTN Nigeria on Sunday launched its commercial 5G network in Lagos, with a promise to launch the network in six other cities.The cities are Abuja, Port Harcourt, Ibadan, Kano, Owerri, …
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MTN repays billions in foreign debt due 2024
MTN Group has settled US$300-million (R5.2-billion) in Eurobonds that were due in 2024 early, helping deleverage its balance sheet. The early repayment brings MTN’s dollar-denominated debt down to 35% of total …
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MTN, Ultima Studios to Debut game show ‘Family Feud’ on Nigerian Screens
The globally acclaimed game show, ‘Family Feud’ is set to grace screens across the nation from October 7, 2022 courtesy of leading technology company and headline sponsor, MTN Nigeria in …
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MTN Nigeria begins 5G rollout, targets seven cities
MTN Nigeria has kicked off an open 5G pilot in the lead-up to its highly anticipated commercial launch. The company intends to launch 5G services in Lagos, Abuja, Port Harcourt, …
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5G Rollout: MTN opens the portal for 5G router pre-order
MTN and Mafab Communications, in December 2021, won the 3.5GHz Spectrum band for the 5G license and the Nigerian Communications Commission (NCC) had given both operators up till August 24, …
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MTN appoints Icasa CEO Willington Ngwepe as new chief of staff
MTN has appointed outgoing Independent Communications Authority of South Africa (Icasa) CEO Willington Ngwepe, as it chief of staff, it was announced on Tuesday. Ngwepe, whose term at Icasa comes …
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, …
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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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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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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, …