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
Browsing: MTN South Africa
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
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
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 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
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 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
MTN has decreased voice and data tariffs by 58% and 73% respectively in the past five years, despite an increase in costs due to a struggling economy, the company has told parliament. The portfolio committee on telecommunications
Four months after rival Vodacom South Africa pulled the plug on its mobile payments platform M-Pesa, MTN South Africa is doing the same with its Mobile Money offering. The move by MTN comes just two weeks after news emerged that
outh Africa’s second largest mobile network by subscribers, MTN South Africa, has stopped signing up new Mobile Money customers as it studies the feasibility of the product. In 2012, MTN partnered with the South African Bank of Athens