MTN Group is close to securing a deal with Nigeria’s central bank over an order to repay $8.1-billion it is alleged to have illegally taken out of the country, according to a person familiar with the matter.
Browsing: MTN
Telkom announced on Wednesday that it has concluded a new roaming agreement with Vodacom that will allow its customers access to the latter’s 4G/LTE network with no restrictions.
Telkom mobile users will in future roam on Vodacom’s network, not MTN’s, after the two cellular operators concluded a new, multibillion-rand roaming deal on Wednesday.
MTN Group’s fight with Nigerian authorities over $10-billion in repatriated funds and back taxes could increase risk in South Africa’s financial system depending on the outcome, the Reserve Bank said.
Mobile virtual network operators that piggyback on Cell C’s network will also get to take advantage of the cellular provider’s 4G/LTE roaming agreement with MTN South Africa.
The Right2Know Campaign has filed a high court application against MTN, Cell C and Telkom to get the operators to hand over details of when and how often they accede to requests from law enforcement agencies.
MTN Group’s financial update for the quarter ending 30 September 2018 shows that its South African operation is losing clients.
MTN Group has boosted sales ahead of targets in the third quarter, showing its ability to grow the business even with a major regulatory spat that’s rocked shares of Africa’s largest wireless carrier.
A month before communications regulator Icasa is due in court to defend itself against legal action over its new data-expiry rules, Telkom has begun to implement the regulations.
Standard Bank has finally confirmed one of the telecommunications industry’s worst-kept secrets: it will launch a mobile virtual network operator (MVNO), becoming the second major bank in South Africa to do so.