In the podcast this week, Duncan McLeod and Regardt van der Berg chat about the launch of Samsung’s new flagship “phablet”, the Galaxy Note9, Vodacom and MTN’s squabbles at the Advertising Standards Authority, and the launch of Android 9 Pie.
Browsing: MTN
MTN Group remains on track to report a total 2018 dividend of R5/share, despite “continued challenges in repatriating funds from MTN Irancell”, it said in notes alongside interim results for the six months to 30 June.
MTN Group CEO Rob Shuter has moved to downplay the short-term impact and potential of 5G wireless technology, particularly in the markets in which it operates, saying it’s a “technology searching for an application”.
MTN Group has warned that renewed US-led economic sanctions against Iran had once again tied up funds in its second biggest market, scuppering plans to turn the country into a cash cow after years of troubles.
MTN South Africa has improved profitability on the back of a strong retail consumer business, though its enterprise segment is not turning around as quickly as had been hoped, putting pressure on service revenue growth.
The Advertising Standards Authority of South Africa has ruled that Vodacom is not in breach of the advertising codes in claiming to have South Africa’s best network in its advertising materials, delivering a setback to rival MTN.
An organisation calling itself the Durban Anti-Cell Mast Alliance on Friday filed papers at the high court in Durban to stop MTN South Africa from rolling out new towers in the coastal city, it said.
Vodacom is pouring money into its network in South Africa in an effort to ensure it stays ahead of crosstown rival MTN when it comes to coverage and performance.
Cell C appears to be stepping up to try to take market share from rival MTN by appealing to consumers hungry for cheap access to social media platforms.
MTN’s Stephen van Coller will join EOH as its new group CEO, effective from 1 September. He resigned as a vice president at MTN Group on Thursday after two years with the mobile telecommunications provider.