MTN Group has identified Ethiopia as a rare country where Africa’s largest wireless carrier will consider expanding beyond its existing footprint.
MTN Nigeria says it’s being investigated by the country’s Economic and Financial Crimes Commission over a listing of shares on the stock exchange.
MTN South Africa has buckled under consumer pressure and will no longer implement its plan to introduce a “universal” 1MB out-of-bundle rate, from consumers would have to opt out.
MTN Group’s Nigerian unit’s shares jumped as they began trading in Lagos, a step toward a partial sale of a majority 79% stake owned by Africa’s largest wireless carrier.
MTN Group said on Wednesday that its Nigerian subsidiary has received approval to list on the premium board of the Nigerian Stock Exchange.