Operationally, the time-suck on executive leadership from the Nigerian fine fallout had nothing to do with its other units across Africa and the Middle East. It’s always managed to run its “OpCos” quite independently, which arguably has a few more
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South Africa’s telecommunications & postal services ministry filed a suit to block the sale of more than R12bn of wireless spectrum by the industry regulator, potentially depriving mobile carriers in the country of much-needed capacity to increase high-speed
A planned sale of shares in Vodacom by the Public Investment Corp to black investors has been abandoned, according to two people familiar with the situation. The proposed sale by Africa’s biggest
MTN has taken an R88m bath on the sale of its 50% stake in Internet service provider Afrihost, the telecommunications group revealed alongside its interim financial results for the six months to June
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
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