MTN South Africa has turned in a resilient financial performance in the first six months of the financial year to June, with both margin expansion and strong sales growth during the period.
Browsing: Godfrey Motsa
MTN South Africa has renewed its sponsorship of the Springboks for a five-year period in a deal understood to be worth hundreds of millions of rand.
National treasury has published a new five-year contract for the supply of “transversal” telecommunications services to government entities worth billions of rand to service providers.
Rob Shuter, the former president and CEO of MTN Group, received R68.1-million in remuneration, including R30.1-million in bonuses, in his final eight months at the emerging-markets telecommunications giant.
MTN South Africa has launched a commercial 5G network in South Africa, providing access from 100 high sites around the country.
Ahead of the launch later on Tuesday by MTN South Africa of its 5G network, the mobile operator has updated its coverage maps, showing where the superfast technology is available.
MTN South Africa will take the wraps off its plans for its 5G network next week, becoming the first of the telecoms group’s 22 operations to launch the next-generation broadband technology.
MTN Group CEO Rob Shuter was paid R58.2-million in the 2019 financial year, a 35.7% increase on his total remuneration for 2018, but even these generous rewards were not enough to keep him.
MTN South Africa has become the second mobile operator in South Africa, after Vodacom, to announce plans to cut prices for data services following a Competition Commission investigation into the market.
Leading MTN Group has come at an “enormous sacrifice”, outgoing CEO Rob Shuter said on Wednesday at a media conference following the presentation of the telecommunications operator’s 2019 financial results.