Browsing: Nigerian Communications Commission

The US$5,2bn fine levied against MTN in Nigeria for allegedly failing to disconnect 5,1m Sim cards in time for a regulatory deadline may result in a parliamentary probe in South Africa into whether

MTN said on Tuesday after markets closed that it will proceed with the listing of MTN Zakhele, the telecommunications group’s broad-based black economic empowerment scheme, as planned this

In the first bit of good news for MTN after what has been a week from hell for the JSE-listed telecommunications group, the Nigerian Communications Commission (NCC) has approved the renewal and extension of its operating spectrum licences in two key spectrum bands

Africa’s biggest mobile network, MTN, could have avoided a US$5,2bn fine in Nigeria, but regulators in that country have also been harsh on the company. This is according to Dobek Pater. who is a director and analyst at telecoms, IT and media research firm Africa

In a rather bizarre non-event, trading in MTN shares was suspended for a little over two hours on the JSE on Monday, pending an announcement from the company. Trading however resumed in the

The JSE has suspended trading in MTN shares with immediate effect. The halt in trading comes after the share price went on a rollercoaster ride on Monday morning following reports in the

Shareholders looking for a detailed update on Monday about MTN’s negotiations with Nigerian authorities over the US$5,2bn (R72bn) fine levied on the telecommunications group by the Nigerian

MTN shares were under renewed pressure on Monday morning amid a report out of Nigeria that the JSE-listed telecommunications group has agreed to pay a US$5,2bn fine imposed by the Nigerian Communications

MTN has enlisted the help of the South African government and is meeting with Nigerian officials “at the highest level” as it moves to fight off a damaging US$5,2bn fine by the Nigerian