MTN Nigeria said it has “not been accused of any wrongdoing” after reports emerged at the weekend that it’s being investigated by the country’s Economic and Financial Crimes Commission.
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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.
Vodacom, MTN and Cell C have all shown a decline in customer satisfaction scores in the past year, though MTN and Cell C lag their bigger rival, according to new research.
In the podcast this week, Duncan McLeod and Regardt van der Berg discuss MTN’s decision to back down, under consumer pressure, over its plan to introduce an opt-out-only out-of-bundle service.
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 soared another 10% on its second day of trading in Lagos as investors rushed to grab a slice of the country’s only listed mobile phone company.
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.
Vodacom and Telkom will complete the work they need to do for their roaming agreement by the June deadline, Vodacom Group CEO Shameel Joosub said this week.
MTN Group’s Nigerian unit plans to raise about ₦200-billion this year from a variety of sources including bank loans and bonds to expand operations in its biggest market.