MTN expects to sign up its 200 millionth active subscriber before the middle of the year, its CEO, Sifiso Dabengwa, told shareholders at the group’s annual general meeting in Roodepoort on Tuesday. By the end of April, MTN had signed up 197,4m subscribers in the 22 markets in Africa and
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MTN South Africa said on Friday that it had been “vindicated” by the Johannesburg labour court, which had found “no merit” to claims by a former employee, Violet Magagane, that she was retrenched for exposing allged corruption at the cellphone network operator. Magagane had said she
MTN and Absa have formed a task team to keep a “close eye” on fraud and “bring about new ways to rapidly clamp down on it”. The decision to create the team follows an urgent meeting where executives from the two companies discussed the recent spate of Sim-swap fraud cases. The special
India’s Tata Communications has rubbished talk that it plans to sell its South African subsidiary, telecommunications operator Neotel. Company spokesman Rozzyn Boy on Friday said Tata had no intention of selling the company. “We don’t have any plans to sell Neotel, no
The Advertising Industry Tribunal has upheld a decision of the Advertising Standards Authority, in the process handing a victory to MTN, which had complained that a radio ad campaign by Cell C belittled its popular “MTN Zone” prepaid calling plan and its “Mahala Thursdays” promotion. In the Cell C
The South African Police Service has arrested a suspect said to be a key player in a recent spate of Sim-swap fraud cases. MTN South Africa said on Wednesday that it had participated in a police sting operation that led to the arrest. A Sim swap allows
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The Independent Communications Authority of South Africa (Icasa) has published the the long-awaited results of its quality-of-service tests for South Africa’s three largest mobile networks, Vodacom, MTN and Cell C. Their networks were tested in Gauteng, the Eastern Cape, the Western Cape and KwaZulu-Natal, and
MTN was trading nearly 3% higher on the JSE in afternoon trading on Thursday after it emerged that rival Turkcell had filed to drop its US$4,2bn lawsuit against the South African-headquartered telecommunications operator. The counter has added 18,7% in
A supreme court ruling has prompted Turkish telecommunications company Turkcell to drop its US$4,2bn lawsuit against MTN Group. Turkcell filed the lawsuit in the US last year claiming MTN conspired with and bribed Iranian officials to win a licence in Iran that had originally been awarded to the Turkish mobile