Author: Duncan McLeod

In the first bit of good news for MTN after what has been a week from hell for the JSE-listed telecommunications group, the Nigerian Communications Commission (NCC) has approved the renewal and extension of its operating spectrum licences in two key spectrum bands

Telkom has warned shareholders that it expects its headline earnings per share for the six months ended 30 September 2015 to be as much as 85% lower than the same period a year ago, though when normalised, the figure could be as much as 15% higher. The discrepancy

The JSE has suspended trading in MTN shares with immediate effect. The halt in trading comes after the share price went on a rollercoaster ride on Monday morning following reports in the

Communications regulator Icasa has approved the transfer of control of the service and spectrum licences from iBurst and Broadlink parent Wireless Business Solutions to Multisource, a company backed by former top bankers Michael Jordaan and Paul Harris

Shareholders looking for a detailed update on Monday about MTN’s negotiations with Nigerian authorities over the US$5,2bn (R72bn) fine levied on the telecommunications group by the Nigerian

First National Bank’s mobile virtual network operator business, FNB Connect, has hit a subscriber milestone. The financial services group said on Monday that it now has 100 000 active Sims on its network, five months after launch. FNB Connect CEO Ravesh Ramlakan

MTN has enlisted the help of the South African government and is meeting with Nigerian officials “at the highest level” as it moves to fight off a damaging US$5,2bn fine by the Nigerian

JSE-listed alternative telecommunications provider Huge Group has signed a memorandum of agreement in terms of which it intends acquiring 100% of specialist ICT company Centracom for R81,6m. Most (90%) of the proposed acquisition will be settled through

MTN’s group CEO, Sifiso Dabengwa, is in Nigeria to negotiate with authorities in the West African country as the JSE-listed telecommunications provider looks to head off a damaging US$5,2bn (R72bn) fine. In a statement to shareholders on

The Nigerian Communications Commission (NCC) shows no sign of backing down over a record-setting US$5,2bn (R72bn) fine against the local subsidiary of South African-headquartered mobile phone group MTN. According to a report by