MTN shares were trading down more than 3% on Monday morning on the JSE after the telecommunications group told shareholders that its full-year 2017 earnings would be affected by a number of once-off and non-cash items
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Civil society groups Media Monitoring Africa and the SOS Coalition have blasted government’s plan to create a wholesale open-access network, or Woan, saying in a submission to the department of telecommunications
The buffering wheel on mobile-device screens could be the most-watched entertainment if pending legislation cripples South Africa’s dynamic cellphone sector. Should the monopoly wireless network that is the
MTN has lost a complaint against rival Vodacom at the Advertising Standards Authority of South Africa (ASA) over the latter’s claim in newspaper advertisements that it has the best network. The ads, which appeared on
MTN has emerged as Africa’s most valuable telecommunications brand, according to a new research report by brand valuation and strategy consultancy Brand Finance. The MTN brand is worth US$3.3bn, up 9% from
Nigeria’s telecommunications regulator said tougher financial health checks on the country’s biggest mobile phone companies could prevent a repeat of last year’s collapse of debt-laden Etisalat and help stabilise
MTN Group’s Ghanaian unit appointed local brokerage IC Securities Ghana as its main sponsor for an upcoming initial public offering in the West African nation, according to five people familiar with the matter. Africa’s biggest
There may be a way to resolve the spectrum impasse in South Africa, in which the big operators, MTN and Vodacom, are squaring off against government over its plans to create a wholesale open-access network and
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
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