MTN South Africa has taken an impairment charge of R592m related to over-spending on handsets in 2015. Parent MTN Group revealed in its annual results, published on Thursday, that
Browsing: Mteto Nyati
MTN’s video-on-demand strategy in the South African market has not worked as expected and will now be radically overhauled. That’s the word from MTN South Africa CEO Mteto Nyati, who was speaking
MTN’s South African subsidiary increased its profit margin, calculated using earnings before interest, tax, depreciation and amortisation, by 1,3 percentage points to 33,4%, suggesting a solid turnaround in the operation, which has underperformed in recent years
MTN South Africa has appointed Benjamin Marais as its new chief information officer, effective 1 March 2016. Marais, who joins MTN from Discovery Health, where he served in a similar role, replaces Neil Tomkinson, who is moving into a role at group level
South Africa’s two biggest mobile networks are gearing up to attend parliamentary hearings on possible regulation of over-the-top services. Vodacom and MTN will attend hearings on 26 January at which
Over-the-top services such as Internet messaging application WhatsApp, are eating Vodacom’s “lunch” but the company has no plan to block the service. This is according to group CEO Shameel Joosub.
MTN Zakhele shareholders felt the impact of the MTN Nigeria fine scandal on Thursday, with the share taking a 26% hit before it had even begun trading on the JSE. After the kudu horn was blown by board chair Sindi Mabaso-Koyana, MTN Zakhele became the first empowerment
South Africa is set for increasing sharing between mobile networks as profitability pressures force compromise, according to the MTN South Africa CEO. Reduced profitability is pushing network
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Mobile operator MTN has fired a shot at popular chat application WhatsApp. The operator fumed at the popularity of chat over-the-top operators. “You have these players which are getting