Recent financial report of MTN Group, showed that revenues took a sharp decline due to currency fluctuations as well as inflation in Nigeria.
MTN
MTN South Africa adopts Huawei's optical network, moving towards an eco-friendly and dependable network for sustainable growth.
Africa’s homegrown telco giant MTN is creating a village in Ubuntuland, Africa’s first metaverse. The telco is keeping a promise it made 18 months ago. Ubuntuland takes its name from the Zulu and Xhosa word Ubuntu, which means ‘humanity to others’. It’s an appropriated word to encourage respect and tolerance. It has been a much-needed […]
Saturday April 15, 2023, Côte d’Ivoire – Early this morning, Tiemoko Antoine Assale, director of the satirical weekly “L’Eléphant déchaîné,” went live on Facebook calling for the boycott of Orange and MTN, two prominent telecom operators in the region, from the 15th to the 18th of April. Deputy Assale is the only one out of 255 committed to […]
MTN Group will invest $1 billion in Ghana over the next five years, the mobile operator said on Wednesday, after the government exempted its Ghanaian unit from tax claims worth about $773 million. The investment comes on the heels of the Ghana Revenue Authority exempting the company’s bill for back taxes earlier this month after […]
Nowadays, every corner of the world exhibits competition between its telecom giants, and the Africa Telecoms industry is no different. However, in the Middle East and Africa (MEA) regions, it is not a competition as much as it is exposure and representation of the community on the global stage. Orange Egypt, MTN, and Safaricom are […]
Despite multiple tech giants working on it, the metaverse has yet to arrive in all its virtual glory. In addition, the fifth generation of mobile networks (5G) has yet to be adequately adopted worldwide due to the public being satisfied and content with 4G. But once the metaverse is deployed, 5G adoption will skyrocket as […]
MTN South Africa announced the launch of two new MyMTN Home Uncapped speed-based plans on 5G, promising fast data speeds, low latency, increased reliability, and good coverage. As such, the company provides 5G across 125 coverage areas across South Africa’s provinces, and the home 5G contract plans are available for new or upgrading subscribers. Customers […]
MTN Nigeria kicked off its IPO for retail investors, placing 575 million of its shares up for grab, capped at $0.41 per share, according to the operator. As such, MTN Group President and CEO Ralph Mupita said: “With this offer, we will contribute to the further deepening of Nigeria’s equity capital markets. It is the […]
MTN Nigeria Communications PLC will open a public offering for its shares and a bid from institutional investors in a transaction totaling 575 million units, the operator said in a statement on Thursday. “This is the first step in MTN Group’s previously communicated statement of intent to sell down approximately 14 percent of its shareholding […]