MTN has named its former South African chief marketing officer, Brian Gouldie, as the new CEO of its operation in Uganda. Ugandan CEO Mazen Mroue has been named as the new chief operating officer of MTN Irancell, MTN’s affiliate in Iran. Ferdi Moolman, meanwhile, has named the current chief operations
The South African market has continued to be “challenging” for MTN as a result of what the telecommunications group calls “regulatory and competitive actions”. In a quarterly update for the three months ended 30 September, the group’s CEO, Sifiso Dabengwa, says subscriber growth was
MTN South Africa chief technical officer Lambo Kanagaratnam is moving to a new role at the operator. Effective immediately, he will head up its enterprise business division. Airtel Africa chief technology officer Eben Albertyn has taken the reins from Kanagaratnam. Albertyn was formerly chief technology officer for MTN
A US computer salesman who supplied sensitive equipment to MTN’s mobile network in Iran has been jailed for violating US economic sanctions. The conviction is damning for the South African mobile giant, as it provides judicial corroboration that the company used sanctions-busting
Pan-African and Middle Eastern mobile telecommunications operator, the MTN Group, now expects to add 23,7m new subscribers in 2012, up from previous guidance of 21,2m. In a quarterly update, for the period ended 30 September, MTN says it has grown its subscriber base by 3,8% to 182,7m despite
A major US lobby group’s shock advertising campaign, alleging that MTN is “profiting from torture” in Iran, has been blocked by local agencies. But it claims that SA advertising companies have refused to erect the billboards because of the influence of the telecommunications giant. United Against Nuclear Iran
Former ambassador to Iran Yusuf Saloojee has been suspended from his position at the department of international relations & cooperation. “Yes, he has been suspended pending the outcome of an investigation,” spokesperson Clayson Monyela said. The investigation related to allegations that Saloojee accepted
Turkish cellphone operator Turkcell has accused SA-based multinational mobile giant MTN of orchestrating a “cover-up” rather than a credible investigation into claims that the South Africans bribed and influence-peddled their way into Iran in 2005. The Turkish company said in a statement that
The MTN group CEO Sifiso Dabengwa said on Friday the record needed to be set straight regarding allegations of bribery relating to a mobile phone licence in Iran. “MTN has been threatened and attacked by a disappointed competitor and a disgruntled former employee,” he said in a statement
MTN has acquired nearly R1,4bn in its own shares in the past three months in a move it says is meant to improve returns to its shareholders. Between 8 March and 28 May 2012, the telecommunications group says it has bought back shares to the value of R1,36bn. The total value of shares bought back
