MTN Group’s shares rose the most in more than six months after the Nigerian central bank softened its stance over claims that the carrier illegally transferred $8.1-billion out of the country.
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Nigeria wants to end a dispute with MTN Group over a claim that the carrier illegally transferred $8.1-billion out of the country, an indication relations between the two parties have started to thaw.
Discarded by its globe-trotting parent Naspers after more than three decades, African pay-television heavyweight MultiChoice Group is facing an uncertain future.
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.
In the TalkCentral podcast this week, your hosts Duncan McLeod and Regardt van der Berg unpack the big Apple keynote, where the world’s most valuable company revealed three new iPhones and a new Watch.
MTN Group is considering a replacement for long-time chairman Phuthuma Nhleko, with former deputy finance minister Mcebisi Jonas lined up as his possible successor.
Mexico is often held up by the South African government as an example of a successful wholesale open-access network. But how successful has Mexico’s Woan – known as Red Compartida – been? Fernando Borjón of Mexico’s Promtel provides some insight.
MTN South Africa has launched voice over LTE, also known as VoLTE, to customers with certain supported devices. Previously, calls were only carried on the operator’s 2G and 3G infrastructure.
The Nigerian attorney-general’s office exceeded its powers when it demanded MTN Group pay about $2-billion in back taxes, Africa’s largest wireless operator has said.
Telecoms minister Siyabonga Cwele has strongly suggested that the South African government stands ready to intervene on MTN Group’s behalf over the more than $10-billion in demands placed on the telecommunications provider by Nigeria.