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Tag Archives: MTN

MTN transiting from losses to profit-making after turbulent 2016, but…

MTN shop

Surprisingly, even as subscriber base of the group is nose-diving in both Nigeria and Ghana,  the MTN group, indigenous continental largest telecoms operator has moved away from a turbulent 2016 characterised by fines and sanctions to profit regime. MTN said on Thursday in Johannesburg that its earnings for first-half of the year had rebounded. The group also revealed that its ...

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MTN’s September listing plan on Nigerian Stock Exchange alive—Tsaagane

MTN shop

MTN General Manager in Abuja, Mr Nikiwe Tsaagane, has again renewed the hope of listing its shares on the Nigerian Stock Exchange (NSE) this year during a courtesy visit to the Minister of Science and Technology. Dr Ogbonnaya Onu. The official noted that whereas efforts are on to fast-track improvement in the Nigerian economy, “It is going to offer important ...

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NATCOMS seeks N10,000 air time for failed stoppage of unsolicited sms, calls

NCC head office, Abuja

The National Association of Telecoms Subscribers of Nigeria (NATCOMs) has flagged off a mouth watering campaign for the payment of N10,000 worth of airtime to subscribers whose official request for end to unsolicited sms and calls to any network fails henceforth. This according to the body is coming on the heels of observed failure of networks to respect subscribers’ requests ...

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Trial begins on Turkey’s Turkcell $4.2bn suit against MTN in S/Africa

MTN logo

After years of delays, hearing begun Thursday in a South African court on $4.2 billion lawsuit against South Africa’s MTN over a disputed Iran licence instituted by Turkish mobile operator, Turkcell. It would be recalled that Turkcell first sued Johannesburg-based MTN in a U.S. court in 2012, alleging the South African mobile company used bribery and wrongful influence to win ...

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MTN regrets Nigeria’s emerging inability to meet June 17, 2017 DSO

launch of Abuja DSO

Exactly 16 days ahead, some top officials of MTN in South Africa have regretted the indications that Nigerian, again will not meet the June 17, 2017 global transition from analogue to digital terrestrial transmission (DTT). It would be recalled that beyond whatever every other investor in the nation’s Digital Swith Over (DSO) dream, MTN Nigeria can be said to be ...

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Why MTN is pushing to buy over MultiChoice Pay TV platforms

MTN logo

Analysts have been weighing the MTN’s option of buying over a fully fledged Pay TV company, MultiChoice, than setting up a new one to drive its planned Africa wide investment in Pay TV especially in Nigeria. Business Hilights recalls that MTN had acquired N34bn Broadcast Frequency licence from the management of the National Broadcasting Commission (NBC) to provide digital pay ...

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Glo deepening subscriber base in the nation’s data market segment with flexible offers

wale-adenuga-glo

The observed trend in the domination of Nigeria’s data market segment amongst GSM operators and others has started eliciting reactions from industry experts. Based on statistics released by the regulator, the Nigerian Communications Commission (NCC) covering the first quarter (Q1) of 2017, Globacom has posted the highest data penetration among other operators in the industry. The report showed that Globacom ...

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MTN celebrates 97 year old subscriber in Asaba over brand loyalty

MTN logo

It was rare moment at the home of nonagenarian and MTN customer, Pa Paul Ijeh in Igbuzor, Aniocha South Local Government Area, Delta State, during a courtesy visit by officials the company to appreciate one of its oldest customers. In keeping with its benevolence to issues of brand loyalty as encapsulated in MTN’s customer service delivery system, the telecoms giant ...

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Space for settlement abounds as Court adjourns forfeiture order in MTN Vs. FG sine die

Whereas Phutuma Nhleko, MTN group chairman, had said last week that accusations that the group moved funds illegally out of Nigeria had no basis, signals are emerging that serious discussion on the possible use of out of court settlement or diplomatic means are being applied in the handling of the matter following the indefinite adjournment (sine die) of the suit ...

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Revealed: Listing on Nigeria’s exchange part of MTN’s fine reduction deal with FG

Leading global news agency Bloomberg has disclosed that MTN is inching closer to hitting the Nigerian Stock Exchange (NSE) based on the fact that it formed part of the deal to reduce the $5.2bn fine for breaches in deactivating over five million unregistered SIM cards several months ago. The revealed term tends to look like the condition placed by Ghana ...

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