MTN’s Nigerian operation is likely to report a profit after tax of approximately R15,9bn for the year ended 31 December 2015, it was revealed on Tuesday. The JSE-listed telecommunications operator, which is facing a R65,2bn fine from Nigerian authorities for failing to disconnect 5m
Browsing: MTN Nigeria
South Africa’s MTN Group has secured two important licences in West Africa, one in Ghana and the other in Côte d’Ivoire, at a combined cost of R3,5bn.
The group said it has secured a 15-year 4G/LTE licence in the 800MHz “digital dividend” spectrum band in Ghana for a purchase
The Nigerian Communications Commission (NCC) has told MTN that it didn’t actually mean it when it said it had cut the fine it imposed on the telecommunications operator by 35%. In a second letter to the group in as many days, it said the fine would be reduced instead by only 25%