MTN Nigeria resumed airtime sales on banking channels Sunday after banks lifted a ban on the telecommunications operator following an intervention by the government.
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Some Nigerian lenders have cut off MTN Nigeria from their banking platforms, making it impossible for millions of customers to buy credit for their phones.
National treasury has published a new five-year contract for the supply of “transversal” telecommunications services to government entities worth billions of rand to service providers.
MTN is tops among South African customers, while Rain is stone last – and by some distance – according to new research gauging the sentiment of consumers towards local telecommunications operators.
Just a week after its CEO, Pieter Engelbrecht, teased the launch of its own mobile service, Shoprite Group has provided details of the launch K’nect Mobile, its mobile virtual network operator platform.
Communications regulator Icasa will pursue a legal appeal against a high court judgment that slammed the brakes on the spectrum auction. But has also said it is open to an out-of-court agreement.
Facebook and Google are spending billions trying to get more people online in Africa, but the Internet giants are facing a backlash from governments worried about technology being used to remove them from power.
Rob Shuter, the former president and CEO of MTN Group, received R68.1-million in remuneration, including R30.1-million in bonuses, in his final eight months at the emerging-markets telecommunications giant.
MTN Group is considering spinning out its fibre and financial services units and will potentially list one of them to unlock value trapped in its core business, the company said on Wednesday.
Wholesale revenue at MTN South Africa declined by 16.4% in the 2020 financial year after the discontinuation of the company’s roaming supply agreement with Telkom.