MTN Group has boosted sales ahead of targets in the third quarter, showing its ability to grow the business even with a major regulatory spat that’s rocked shares of Africa’s largest wireless carrier.
Browsing: MTN Uganda
MTN Group may list its Ugandan unit following government pressure on Africa’s biggest wireless carrier by subscribers to increase local ownership in the East African country.
MTN Group is facing pressure to list its unit in Uganda as Africa’s largest mobile phone company seeks to renew a licence in the country.
Uganda may be poised to lose some of its mobile phone companies due to a “highly saturated” voice market that’s causing some operators to halt investment, according to the country’s industry leader
Africa’s biggest mobile network MTN has been slapped with a Ugandan court order to pay $662 000 (R9,3m) in damages for alleged anticompetitive behaviour. It is understood that MTN supplied a mobile money transfer