South Africa-based telco MTN is looking to make a second bid to enter Ethiopia’s telecoms market, the company’s CEO told its shareholders. Ralph Mupita, the operator’s chief exec, was quoted as saying that MTN has “not made a firm decision,” but will “apply our minds” if Ethiopia reopens bidding for a second license. Earlier last […]
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MTN Rwanda announced late last week the launch of a FinTech subsidiary called Mobile Money Rwanda LTTD, to provide and manage mobile money services throughout the country. The announcement – which was made as the operator received approval from National Bank of Rwanda to launch the FinTech service – also places Chantal Kagame as its […]
Ethiopia’s Finance Ministry announced on Monday that two bids have been made for two new telecoms operating licenses, as the country looks to liberalize its telecoms industry and economy. The two license bidders include South Africa’s MTN Group and a consortium of Kenya’s Safaricom, Vodafone, Vodacom, CDC Group (a UK development finance institution) and Japanese […]
MTN Nigeria’s access to banking platforms has been restored earlier this week following a dispute between the telco and most lenders across the country over commission percentages. Bloomberg had initially reported that the spat ignited when MTN cut the commission it pays to banks per airtime transaction from 4.5 percent to 2.5 percent. The move […]
South African operator MTN is facing a rocky situation in Syria, as the company was placed under a judicial guardianship following a court battle that went in favor of the country’s telecoms regulator. The Syrian Telecommunications and Post Regulatory Authority had previously accused the provider of mismanagement and violations of its licensing contract. According to […]
South African telecom giant MTN Group announced late last week that it will pledge to achieve net zero emissions by 2040, as it plans to lead by example combatting climate change on the African Continent. With global warming on the rise and impacting countries, communities, and people everywhere, MTN has set science-based targets to achieve […]
South African telecom-giant MTN Group announced on Tuesday that it will sell its 20 percent shareholding stake in Belgacom International Carrier Services (BICS) to Belgian state-controlled telecoms firm Proximus for $121.41 million. However, the timing of closing is dependent on customary regulatory approvals. Once all the saleconditions,legal precedent, has been fulfilled, MTN will receive proceeds […]
How have you focused on expansion in the market? We believe everyone deserves the benefits of a modern, connected life. This is the philosophy that drives our expansion strategy. We are focused on strategies that help us achieve sustainable results and ensure that people remain connected through our voice and data service offerings. Our expansion […]
On August 6, 2020, the South African Telecom giant, MTN Group, announced its plans to exit the Middle East “in an orderly manner”, starting with Syria, Yemen, Afghanistan, and Iran. According to Reuters, the company’s first step is to sell its 75% stake in MTN Syria to TeleInvest. Moreover, the company is expected to leave […]
Ayoba MTN Zambia’s free instant messaging app has been launched and deployed earlier this week, in collaboration with music app Simfy Africa. It is currently available for download on all major Android devices from the Google Play Store. MTN Zambia’s Ayoba has many features, most notably, the ability for one to receive and send text […]