MTN spent R160 million due to battery theft and base station vandalism
South African mobile network operators are spending hundreds of millions of rands annually to protect their base stations from theft and vandalism, as well as replacing damaged or stolen equipment.
MTN South Africa told...
MTN Group CEO made R99.31 million in one year
MTN South Africa's new chief executive officer (CEO), Ferdi Moolman, received total remuneration of R18.032 million in his first two months at the head of the African telecoms giant's local business.
The amount was published in MTN's 2025...
MTN selling Guinea-Bissau and Guinea-Conakry units
Telecel Group has bought two West African units from Africa’s largest wireless company MTN Group Ltd., as it scales operations ahead of an initial public offering in three years.
The Africa-focused telecommunications company is buying MTN’s...
Mastercard taking up minority stake in MTN Fintech for R3.8 billion
Payments company Mastercard is investing up to $200 million (R3.8 billion) into the MTN Group's fintech business.
In a statement on Tuesday, 6 February 2024, the telecoms company announced it had signed definitive agreements...
MTN fighting back against Nigerian R904-million back-tax bill
The Naira’s plunge weighed on the earnings of Nigeria’s biggest wireless carriers.
MTN Group Ltd. increased its estimate of unrealised foreign-exchange losses in Nigeria and restated its earnings per share for the six months through...
Nigeria slaps MTN with another big back-tax bill
MTN Group Ltd., Africa’s largest wireless carrier, said it’s reviewing a demand by a Nigerian tribunal for unpaid taxes.
The Lagos-based Tax Appeal Tribunal ordered MTN to pay $72.6 million (R1.39 billion), according to documents seen by...
MTN plans to build 20,000km fibre network to link 10 African countries
MTN Group Ltd., Africa’s biggest mobile-phone operator, plans to build a $320-million (R6.01-billion) inland fibre cable to connect 10 countries, as telecommunications companies push to expand service to the continent’s...
MTN in discussions to sell West African markets
MTN Group Ltd. is in advanced talks with Axian Group Ltd. to sell some of its West African markets, according to people familiar with the matter, as Africa’s largest mobile operator trims its portfolio.
The companies are negotiating on prices for...
MTN appoints new executive
MTN Group has appointed Chika Ekeji as Strategy and Transformation Executive, the company announced in a statement on 8 March 2021.
This appointment is part of the company's plans to further bolster management capacity to accelerate the Group’s strategic ambitions...