Analysts say more senior executives at mobile network MTN may have to face the music after the resignation of group CEO Sifiso Dabengwa. Dabengwa is the first executive casualty at MTN after the
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The resignation of MTN’s group CEO Sifiso Dabengwa should not be seen as an admission of wrongdoing, the operator’s spokesman said. MTN on Monday confirmed that Dabengwa had
Telkom has confirmed one of the telecommunications industry’s worst-kept secrets: that it is in talks to buy Cell C. “Telkom is currently performing a due diligence on Cell C,” the company said in a statement to shareholders issued before markets opened on Monday morning
Following the surprise news on Monday morning that MTN Group CEO Sifiso Dabengwa is “resigning” with immediate effect, the telecommunications operator has issued the following statement: MTN wishes to inform the market that MTN’s
Over-the-top services such as Internet messaging application WhatsApp, are eating Vodacom’s “lunch” but the company has no plan to block the service. This is according to group CEO Shameel Joosub.
MTN’s week began as badly as it had the week before – for the second Monday on the trot, it was greeted by a plunging share price. This time it was sold down by as much as 10% on the back of
MTN Zakhele shareholders felt the impact of the MTN Nigeria fine scandal on Thursday, with the share taking a 26% hit before it had even begun trading on the JSE. After the kudu horn was blown by board chair Sindi Mabaso-Koyana, MTN Zakhele became the first empowerment
Finance minister Nhlanhla Nene had not discussed the MTN-Nigeria crisis with a counterpart in Nigeria because a cabinet in that country had not yet been appointed, minister in the presidency Jeff
The recent US$5,2bn fine issued against MTN does not affect the cordial relations between South Africa and Nigeria, with government hopeful that talks between the mobile network and Nigerian authorities will bear fruit, a senior cabinet minister has said
Is MTN getting dual-Sim phone religion, leaving Vodacom, the market leader, as the only operator with an aversion to such devices? It appears the operator is at least toying with the idea, announcing on Thursday that it would range the new, high-end Huawei Mate S