Browsing: MTN South Africa

MTN South Africa on Thursday experienced widespread downtime, preventing many of its customers from accessing the Internet. The problems started at about 2pm, the mobile operator said

After the publication of its annual report this week, the headlines focused on former chief executive Sifiso Dabengwa’s R23,7m “golden handshake” following his resignation in November amid the MTN Nigeria fine fallout. We also learnt that chairman

MTN has run what it is calling the first trial of LTE-Unlicensed, or LTE-U, technology in Africa. The technology uses the same shared spectrum typically used for Wi-Fi. The mobile operator conducted the trial at its flagship store in Morningside

MTN South Africa has appointed a new chief customer experience officer, naming Isabella Naidoo to the position. She replaces Eddie Moyce, who resigned. The news of the appointment comes just days after new findings from

Nigeria and South Africa have again served to put pressure on MTN’s subscriber numbers, with group customers declining by 1,4% quarter on quarter for the three-month period ended 31

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

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

Despite the hellish time it had in Nigeria in the final quarter of its 2015 financial year – facing a fine of US$3,9bn from regulators there – telecommunications group MTN has announced it is hiking its final dividend to R8,30/share, up by 3,8% on 2014’s payout.