Former MTN Group president and CEO Phuthuma Nhleko has again rubbished allegations that either he or the telecommunications operator paid bribes to secure an operating licence in Iran. In a statement, Nhleko says the allegations, made by Turkcell, are without foundation
New twists have emerged in the US$4,2bn lawsuit filed by MTN’s cellphone rival, Turkcell, in a US court. Chris Kilowan, the disgruntled former MTN director in Iran who, according to sources, approached Turkcell with MTN memos that formed part of the court filings but have yet to be verified, could find that his actions backfire on him.
Former MTN Group CEO Phuthuma Nhleko has distanced himself from a controversial mobile operating licence in Iran that put together a package of bribes, trading opportunities in sophisticated weaponry, capital investment and diplomatic influence that the Islamic Republic could not resist. “I can state quite categorically that during
Cellphone giant MTN was so desperate to win a mobile operating licence in the “virgin” territory of Iran that it allegedly put together a package of bribes, trading opportunities in sophisticated weaponry, capital investment and diplomatic influence that the Islamic Republic could not resist, write Sharda Naidoo, Craig McKune and Stefaans Brümmer
MTN SA MD Karel Pienaar is a smiling but imposing figure whose name commands respect in the halls of the company’s gleaming 14th Avenue head office in Fairlands, Johannesburg. Impossible as it sounds, having been part of MTN’s bid for a licence in SA, technically the
In a surprise development, JSE-listed telecommunications group MTN has announced it will not form a subsidiary board for its international operations — at least not yet. The group had planned to establish a separate board for its international operations, to be
MTN’s share price fell nearly 3% at the close of trading on the JSE on Thursday as the group’s CEO of the past nine years, Phuthuma Nhleko, completed his final day of duties at the emerging markets
Fibre to the home. That’s the main focus of this week’s episode of TalkCentral. Your hosts Duncan McLeod and Candice Jones take a look at i3 Africa’s plans to spend as much as R6bn building a fibre network into 2,5m SA homes
Outgoing MTN Group CEO Phuthuma Nhleko has scotched persistent rumours that the telecommunications operator plans to relocate its head office to the Middle East, saying its domicile
Outgoing MTN Group CEO Phuthuma Nhleko is looking forward to what he calls a “much slower pace” when he steps down at the end of this month. But Nhleko, who has led MTN for the past nine years
