MTN Group will consider raising its full-year dividend above forecasts if business conditions improve after the settlement of a record fine in Nigeria led to the first-ever half-year loss at Africa’s biggest mobile phone
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MTN Group has, with the help of “external assistance”, begun a “deep and fundamental strategic review” of its operations and processes to ensure it is operating “far more optimally given the pressure on voice
The number of subscribers on MTN South Africa’s network declined by almost 3% in the past year to 29,8m, parent MTN Group revealed in its interim financial results for the six months ended June 2016. The prepaid and
MTN has hit a perfect storm of bad news in the first half of its 2016 financial year, with the telecommunications group warning that it will report a basic headline loss per share of between R2,55 and R2,85 on Friday when it
MTN Group shares gained the most in more than five weeks after Africa’s biggest mobile phone operator booked the full value of a 330bn naira (US$1bn) fine in Nigeria, drawing a line under a 10-month saga that
Inside a packed Vodafone Group store in the Zambian capital of Lusaka, a group of the city’s tech-savvy students wait in line for wireless modems they hope will transform their ability to surf the Internet. They don’t even
A split inside the ANC over how radio frequency spectrum should be allocated – a split that risks retarding South Africa’s ICT sector – has now erupted into open warfare, with communications regulator Icasa and telecommunications
Cell C warned earlier this week that communications regulator Icasa’s proposed spectrum auction would serve only to entrench the dominance of South Africa’s two largest mobile operators, Vodacom and
Telkom’s FreeMe looks to be the most competitive data-focused offering in the market, especially when put next to similar packages on the three larger mobile operators. When the new packages from South Africa’s “challenger” network are
MTN Group has kick-started the process of listing its biggest subsidiary, MTN Nigeria, on the Nigerian Stock Exchange. It said it intends to float the shares “as soon as commercially and legally possible”. The South