East Africa’s largest telecom operator, MTN Uganda, announced on Monday its initial public offering (IPO) news of selling a 20 percent stake of 4.5 billion shares, setting the stage for the country’s largest IPO to date for the region’s leading telco. The operator’s IPO valuation was approved by the Capital Markets Authority of Uganda (CMA), […]
MTN
South Africa’s MTN have expressed their unlikeliness to resubmit a bid to enter Ethiopia’s telecoms market, Bloomberg reported citing sources familiar with the matter. The company’s possible move, came after Ethiopia announced earlier this week plans to re-open bidding on second operator license including the right to operate mobile financial services. This comes as a surprise to many, as […]
South African telecom giant MTN Group announced on Thursday that it expanded its 5G network coverage, within northern provinces of the country in Polokwane and Witbank. The company deployed 5G towers despite uncertainty regarding the allocation of new spectrum. “MTN is making strides with its 5G technology rollout strategy,” said Kagiso Moncho, MTN general manager […]
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 […]