Close Menu
TechCentralTechCentral

    Subscribe to the newsletter

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Facebook X (Twitter) YouTube LinkedIn
    WhatsApp Facebook X (Twitter) LinkedIn YouTube
    TechCentralTechCentral
    • News
      Visa, FNB and RMB take aim at corporate cash - Lineshree Moodley

      Visa, FNB and RMB take aim at corporate cash

      24 June 2026
      OpenAI and Broadcom build a chip to rival Nvidia's Blackwell

      OpenAI and Broadcom build a chip to rival Nvidia’s Blackwell

      24 June 2026
      Absa's silence and the MVNO move no bank has made

      Absa’s silence and the banking MVNO move no one has tried

      24 June 2026
      GTA 6 retail price locked in

      GTA 6 retail price locked in

      24 June 2026
      Investec deploying AI tools to every employee - Lyndon Subroyen

      Investec deploying AI tools to every employee

      24 June 2026
    • World

      SK Hynix ends Samsung’s 26-year reign at the top

      22 June 2026
      Google on the hook for what its AI tells users, court rules

      Google on the hook for what its AI tells users, court rules

      15 June 2026
      How Russians juggle VPNs to outwit the Kremlin

      How Russians juggle VPNs to outwit the Kremlin

      15 June 2026
      Amazon CEO flagged Anthropic AI risks to Washington - Andy Jassy

      Amazon CEO flagged Anthropic AI risks to Washington

      14 June 2026
      Trouble at Xbox

      Trouble at Xbox

      11 June 2026
    • In-depth
      AI boom sparks rally, frenzy and fear

      AI boom sparks rally, frenzy and fear

      11 June 2026
      Every plug-in hybrid on sale in South Africa, ranked by price - Lamborghini Temerario

      Every plug-in hybrid on sale in South Africa, ranked by price

      7 June 2026
      What Wi-Fi 8 will mean for wireless networks

      What Wi-Fi 8 will mean for wireless networks

      1 June 2026
      Alfa's electric rebel - Alfa Romeo Junior Elettrica Veloce

      Alfa’s electric rebel

      29 April 2026
      Africa switches on as Europe dims the lights

      Africa switches on as Europe dims the lights

      9 April 2026
    • TCS
      Watts & Wheels S1E6: 'A flawless Alfa and a bakkie that divides'

      Watts & Wheels S1E6: ‘A flawless Alfa and a bakkie that divides’

      17 June 2026
      Watts & Wheels S1E6: 'A flawless Alfa and a bakkie that divides'

      Watts & Wheels S1E5: ‘A Bentley of the bush and a car that swims’

      8 June 2026
      TCS | Charge's R1.8-billion bet on an off-grid EV future - Charge chairman Joubert Roux

      TCS | Charge’s R1.8-billion bet on an off-grid EV future

      18 May 2026
      TCS+ | The Up&Up Group on the hidden cost of AI - Jason Harrison

      TCS+ | The Up&Up Group on the hidden cost of AI

      13 May 2026
      Michael Rossouw

      TCS+ | The retirement decision most South Africans get wrong

      6 May 2026
    • Opinion
      The pivot South Africa's MVNOs cannot afford to miss

      The pivot South Africa’s MVNOs cannot afford to miss

      23 June 2026
      Brazil's online gambling crackdown is a lesson for South Africa

      Brazil’s online gambling crackdown is a lesson for South Africa

      22 June 2026
      Finish the job Mandela started - Farzam Ehsani

      Finish the job Mandela started

      18 June 2026
      The author, Fanie van Rooyen

      The US just showed it can switch off our AI

      17 June 2026
      The pivot South Africa's MVNOs cannot afford to miss

      The clock is ticking on South African banks’ biggest advantage

      9 June 2026
    • Company Hubs
      • 1Stream
      • Africa Data Centres
      • AfriGIS
      • Altron Digital Business
      • Altron Document Solutions
      • Altron Group
      • Arctic Wolf
      • Ascent Technology
      • AvertITD
      • BBD
      • Braintree
      • CallMiner
      • CambriLearn
      • CM Telecom
      • Contactable
      • CYBER1 Solutions
      • Digicloud Africa
      • Digimune
      • Domains.co.za
      • ESET
      • Euphoria Telecom
      • HOSTAFRICA
      • Incredible Business
      • iONLINE
      • IQbusiness
      • Iris Network Systems
      • Kaspersky
      • LSD Open
      • Mitel
      • NEC XON
      • Netstar
      • Network Platforms
      • Next DLP
      • Ovations
      • Paracon
      • Paratus
      • Q-KON
      • SevenC
      • SkyWire
      • Solid8 Technologies
      • Telit Cinterion
      • Telviva
      • Tenable
      • Vertiv
      • Videri Digital
      • Vodacom Business
      • Wipro
      • Workday
      • XLink
    • Sections
      • AI and machine learning
      • Banking
      • Broadcasting and Media
      • Cloud services
      • Contact centres and CX
      • Cryptocurrencies
      • Education and skills
      • Electronics and hardware
      • Energy and sustainability
      • Enterprise software
      • Financial services
      • HealthTech
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Lifestyle
      • Motoring
      • Policy and regulation
      • Public sector
      • Retail and e-commerce
      • Satellite communications
      • Science
      • SMEs and start-ups
      • Social media
      • Talent and leadership
      • Telecoms
    • Events
    • Advertise
    TechCentralTechCentral
    Home » News » Shuter promises big network spend at MTN

    Shuter promises big network spend at MTN

    By Agency Staff3 May 2017
    Twitter LinkedIn Facebook WhatsApp Email Telegram Copy Link
    News Alerts
    WhatsApp
    Rob Shuter

    Rob Shuter used his first quarterly report as CEO of MTN Group to commit the wireless operator to major investments in its biggest markets of Nigeria, South Africa and Iran.

    The spending plan “is expected to support further market share gains”, Shuter said in a statement on Wednesday.

    Africa’s largest carrier will also strive to take advantage of the continent’s relatively low data use and increase the range of services, he said.

    “While we still have work to do to meet our full-year targets, we continue to leverage off the progress made during 2016 and are encouraged by the progress,” said the former Vodafone Group executive.

    The announcement comes less than two months after Shuter began the task of reviving Johannesburg-based MTN after a US$1bn regulatory fine in Nigeria and weak growth in other markets led to a first-ever annual loss.

    Chairman Phuthuma Nhleko has made a host of further management changes to shake up the company, while the wireless operator has also benefited from a revival of the business in Iran.

    First quarter revenue increased 7,1%, MTN said. That included a 4,1% rise in South Africa, a 12% gain in Nigeria and a 19% jump in Iran, where the company has benefited from the lifting of US-led sanctions.

    Customer numbers rose 3% to 236,8m at the end of March, across 22 countries. That was slightly down on the end-December figure after a review of the subscriber base in Zambia, Rwanda and Ghana, MTN said.

    MTN shares declined 1,7% to R124,60 at 10am in Johannesburg, giving the company a market value of R235bn. Since Shuter started as CEO on 13 March, the stock has advanced 2%.  — (c) 2017 Bloomberg LP

    • See also: Data underpins strong revenue uplift at MTN
    Follow TechCentral on Google News Add TechCentral as your preferred source on Google


    MTN Rob Shuter Vodafone
    WhatsApp YouTube
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email Copy Link
    Previous ArticleBackspace: ‘Failure to launch’
    Next Article DA wants credible study of new ICT laws

    Related Posts

    Absa's silence and the MVNO move no bank has made

    Absa’s silence and the banking MVNO move no one has tried

    24 June 2026
    Have your say on the bill that could reshape SA telecoms

    Have your say on the bill that could reshape SA telecoms

    23 June 2026
    Why South Africans spend so little time on 5G

    Why South Africans spend so little time on 5G

    23 June 2026
    Company News
    The spaza is not informal - it is foundational - Lesaka Technologies Lincoln Mali

    The spaza is not informal – it is foundational

    24 June 2026
    A smarter way to buy or renew your Red Hat subscriptions - LSD Open

    A smarter way to buy or renew your Red Hat subscriptions

    22 June 2026
    Moving past the pilot: inside the CloudZA and AWS closed-door AI executive roundtable

    CloudZA and AWS chart the road from AI pilots to production

    19 June 2026
    Opinion
    The pivot South Africa's MVNOs cannot afford to miss

    The pivot South Africa’s MVNOs cannot afford to miss

    23 June 2026
    Brazil's online gambling crackdown is a lesson for South Africa

    Brazil’s online gambling crackdown is a lesson for South Africa

    22 June 2026
    Finish the job Mandela started - Farzam Ehsani

    Finish the job Mandela started

    18 June 2026

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Latest Posts
    Visa, FNB and RMB take aim at corporate cash - Lineshree Moodley

    Visa, FNB and RMB take aim at corporate cash

    24 June 2026
    OpenAI and Broadcom build a chip to rival Nvidia's Blackwell

    OpenAI and Broadcom build a chip to rival Nvidia’s Blackwell

    24 June 2026
    Absa's silence and the MVNO move no bank has made

    Absa’s silence and the banking MVNO move no one has tried

    24 June 2026
    GTA 6 retail price locked in

    GTA 6 retail price locked in

    24 June 2026
    © 2009 - 2026 NewsCentral Media
    • Cookie policy (ZA)
    • TechCentral – privacy and Popia

    Type above and press Enter to search. Press Esc to cancel.

    Manage consent

    TechCentral uses cookies to enhance its offerings. Consenting to these technologies allows us to serve you better. Not consenting or withdrawing consent may adversely affect certain features and functions of the website.

    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}