MTN Group on Thursday reported a headline loss of 77c/share for the year ended 31 December 2016 as a perfect storm, headlined by a multibillion-rand fine in Nigeria, its biggest market, culminated in what it has
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MTN South Africa CEO Mteto Nyati has said the mobile operator is “comfortable” with its distribution partnership with JSE-listed Blue Label Telecoms, despite the latter’s plan to acquire a 45% stake in mobile
MTN Group has been having a tough time of it in Nigeria, its most lucrative market. Protesters last week vandalised the company’s headquarters in the capital, Abuja, in retaliation for xenophobic
Blue Label Telecoms has denied its contract with Vodacom to distribute airtime is being cancelled, rubbishing widespread market speculation that the mobile operator has served notice to terminate
MTN, which previously cautioned it would report a loss for the full-year ended 31 December 2016, has now provided more guidance on the likely range of the losses. Africa’s biggest mobile operator expects
Cell C’s future will be decided by this time next week. That’s when the mobile operator must complete a planned restructuring in terms of which Blue Label Telecoms will take a 45% stake in the debt-laded mobile operator. But there’s now
There is a prevailing view in government – or certainly in the department of telecommunications & postal services – that infrastructure competition in providing broadband is bad. Nothing could be further from the truth.
Communications regulator Icasa has deferred a planned auction of high-demand spectrum indefinitely. In a notice published in the Government Gazette, Icasa said it is deferring the timeframe for the award process “until further notice”. The move is
MTN Group will look for new ways to bring banking services to its customers’ mobile phones in South Africa after severing ties with Australian-owned partner Tyme. Africa’s biggest mobile phone operator scrapped the
Vodacom is entitled to claim in advertising that it has South Africa’s best network, the Advertising Standards Authority of South Africa has ruled, dismissing a complaint from rival MTN. MTN took umbrage at a