Finance sees network trouble before operations reports it, writes Backspace’s Elzette Cronje Jordaan.
Browsing: Telecoms
Co-CEO Brett Levy named the single point of exposure when asked about MTN’s push for direct relationships with the banks.
MTN alone has been pushing 90 million Sim cards a year, and says the base is riddled with bad registrations.
MTN Group faces a R3.9-billion write-down, cash it cannot move and a stake it cannot sell, just as Washington escalates.
MTN’s network spending in South Africa fell 17.1% while Nigeria received nearly three times as much in capital investments.
MTN South Africa cut airtime credit from 42% of prepaid recharges to about 34% over the past year.
MTN South Africa lost 1.1 million prepaid users between March and June as it purged credit-dependent customers.
Cell C CEO Jorge Mendes has told TechCentral that the big two would cannibalise themselves chasing MVNOs.
Coverage is live now, Cell C CEO Jorge Mendes has told TechCentral, with commercial propositions to follow.
Capitec and FNB subscribers are doing more for Cell C than its own customers, its full-year results to 31 May 2026 show.