MTN’s Nigerian operation is likely to report a profit after tax of approximately R15,9bn for the year ended 31 December 2015, it was revealed on Tuesday. The JSE-listed telecommunications operator, which is facing a R65,2bn fine from Nigerian authorities for failing to disconnect 5m
MTN’s market capitalisation is in danger of falling below that of rival Vodacom as investors continue to fret about the unprecedented fine the group is facing in Nigeria and uncertainty about its operational performance in that market and in South Africa
South Africa’s two biggest mobile networks are gearing up to attend parliamentary hearings on possible regulation of over-the-top services. Vodacom and MTN will attend hearings on 26 January at which
An online petition is calling on South Africa’s government to reject calls by mobile networks to regulate over-the-top services such as WhatsApp and Skype. Online women’s magazine
Naspers-owned video-on-demand platform ShowMax has reached a deal with Internet service provider MWeb in terms of which users will get three months of “free” ADSL along with three months of complimentary access to ShowMax. The offer is
Parliament’s portfolio committee on telecommunications & postal services has set aside a full day later this month to probe so-called “over the top” (OTT) services to determine whether policy interventions are required to govern them. OTT services include the likes
South Africa’s MTN Group has won an early victory in its legal battle with Nigerian authorities, securing the right to transfer money out of the West African nation after the federal government sought to freeze its accounts. This Day newspaper reported that Justice
The South African National Consumer Union is urging consumers to be aware of their smartphone charges after receiving complaints from users with bills running over R20 000. Sancu vice chairperson Ina Wilken said that in 2015, the union received nearly 500 cellphone-related
Far from pulling out of Nigeria over the record-setting US$3,9bn fine imposed on it by regulatory authorities in the West African nation, MTN has reportedly gone ahead with the acquisition of
Television in South Africa turns 40 years old on Tuesday. The SABC TV service marks its 40th anniversary since the very first nationwide broadcast on 5 January 1976 when Dorianne Berry and Heinrich Marnitz welcomed viewers to the “opening night” of TV in the country
