Browsing: MTN South Africa

‘Most challenging year in MTN’s history’

MTN Group on Thursday reported a headline loss of 77c/share for the year ended 31 December 2016 as a perfect storm, headlined by a multibillion-rand fine in Nigeria, its biggest market, culminated in what it has

MTN ‘comfortable’ with Blue Label deal

MTN South Africa CEO Mteto Nyati has said the mobile operator is “comfortable” with its distribution partnership with JSE-listed Blue Label Telecoms, despite the latter’s plan to acquire a 45% stake in mobile

MTN severs ties with partner Tyme

MTN Group will look for new ways to bring banking services to its customers’ mobile phones in South Africa after severing ties with Australian-owned partner Tyme. Africa’s biggest mobile phone operator scrapped the

MTN to report a full-year loss

Telecommunications group MTN warned on Wednesday that it will report a loss for the 2016 financial year due in large part to the regulatory fine imposed on it in its biggest market, Nigeria. It said it expects to report a loss in both basic headline

MTN to host ‘household names’ as MVNOs

MTN South Africa is set to help launch consumer brands as mobile virtual network operators (MVNOs), according to the company’s CEO. The brands include “household names”, MTN South Africa

MTN’s Mteto Nyati takes the fight to No 1

It’s well known that MTN South Africa has had a torrid few years. It’s lost market share to Vodacom and Cell C, it’s suffered debilitating industrial action, its network hasn’t been up to snuff, its customer service

Don’t destroy our industry, MTN pleads

The national integrated ICT policy white paper, approved last month by cabinet, is a threat to the telecommunications industry and must be revisited urgently because it will chase away those investing

MTN SA names new technology chief

MTN South Africa has appointed Giovanni Chiarelli as its new chief technology and information officer. Chiarelli replaces Babak Fouladi, who was interim CTO in addition to his role as MTN group executive for technology and information systems. Chiarelli has 17 years

MTN SA’s margins leap higher

Margins at MTN South Africa have shown strong improvement in the third quarter, the telecommunications group said in a statement to shareholders on Monday. Revenue improved by 3,6% quarter on quarter, while margins

MTN names call centre outsource partner

MTN South Africa has named Adcorp subsidiary Rightsource as the preferred partner to manage its outsourced call centres. The move, which has been met with union resistance, will see MTN adopt a “hybrid” call centre model in

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