Vodacom Group has cut its dividend and reported earnings that missed estimates as Africa’s biggest wireless carrier by market value absorbed the acquisition of a stake in Kenya’s Safaricom and expanded its network
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MTN Group plans to borrow as much as 400bn naira (US$1.1bn; R13.8bn) in Nigeria this year as Africa’s largest wireless carrier by sales seeks to fund local investment and replace existing debt in the continent’s
US President Donald Trump’s decision to re-impose sanctions on Iran may limit the ability of MTN Group to repatriate cash, both in the form of dividends and loans, from its investment there, it warned on
MTN and technology partner Huawei have launched what they are calling Africa’s first field trial of 5G mobile broadband. The field trial demonstrated a 5G fixed-wireless access use case with Huawei’s 5G 28GHz
Former deputy finance minister Mcebisi Jonas, who was controversially fired from the position by former President Jacob Zuma, will join MTN Group as a nonexecutive director on 1 June, the Johannesburg-headquartered
Operational profit margins at MTN South Africa have shown good improvement in the first quarter of 2018, the emerging-markets telecommunications group said on Thursday. In the three months to 31 March 2018, the South
Benin and Cameroon appear to have escaped MTN’s chopping block. MTN Group said on Thursday it has all but resolved disputes with the governments and regulators in the two West African markets, suggesting
MTN South Africa has launched a range of new, lower-cost social media data bundles designed specifically to work with apps such as Facebook, WhatsApp, YouTube and Twitter. The plans, which start from R1/day, give customers
When the continent’s largest mobile operator by subscribers, MTN, appointed Rob Shuter as group CEO, Stephen van Coller as one of its vice presidents and Ralph Mupita as chief financial officer in 2016, the strategy was plain
Vodacom said on Thursday that is has achieved 80% population coverage with 4G/LTE and claimed to be the first operator in South Africa to reach this target. Its 3G and 2G population coverage is 99.78% and