Browsing: MTN

Standard Bank said to be building an MVNO

Standard Bank is building a mobile virtual network operator, according to well-placed industry sources. The bank has hired former Virgin Mobile South Africa CEO Steve Bailey to its executive team. Standard Bank is

Telecoms bill is a disaster, MTN warns

Government’s Electronic Communications Amendment Bill is unconstitutional, will create a new infrastructure monopoly in the form of a proposed wholesale open-access network and will ultimately be detrimental

MTN moving ahead with Nigeria listing

MTN Group plans to raise about $500m from the sale of shares in its Nigerian business during the first half of the year, fulfilling the terms of a deal struck with the West African nation to settle a record

Maroleng to start work at SABC: report

Chris Maroleng has officially been appointed as the new chief operating officer of the SABC and will start work on 1 February, SABC News Online reported on Tuesday. His appointment comes despite apparent objections

MTN shares rise on earnings update

Shares in MTN Group rose in Johannesburg on Monday morning after the telecommunications group issued a positive earnings update, though it provided no detailed guidance on the numbers. It said in a statement on the JSE’s stock

Cell C pursuing acquisitions, CEO says

Cell C is seeking acquisitions that will help transform South Africa’s third biggest mobile phone company into a full-service telecommunications provider offering Internet and financial services as well as traditional calls and texts

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