{"id":546540,"date":"2005-07-07T15:21:24","date_gmt":"2005-07-07T15:21:24","guid":{"rendered":"http:\/\/localhost:8888\/wordpress\/technology\/546540-mtn-acquires-remaining-40-stake-to-own-mtn-network-solutions.html"},"modified":"2005-07-07T15:21:24","modified_gmt":"2005-07-07T15:21:24","slug":"mtn-acquires-remaining-40-stake-to-own-mtn-network-solutions","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/technology\/546540-mtn-acquires-remaining-40-stake-to-own-mtn-network-solutions.html","title":{"rendered":"MTN acquires remaining 40% stake to own MTN Network Solutions"},"content":{"rendered":"<p><font size=\"2\">MTN Network Solutions was created through the joint purchase by the MTN Group (60%) and Johncom (40%) of Internet Service Provider, Citec, in 2001. Today, the company is one of South Africa&#8217;s leading Network Solution Providers. It operates a large and robust network which provides network architecture and solutions to the corporate market.<\/font><\/p>\n<p><font size=\"2\">MTN Network Solutions is positioned to harness the synergies between telecoms, IT, media and entertainment, in the convergence of IP networking and GSM technologies.<\/font><\/p>\n<p><font size=\"2\">Says Yvonne Muthien, group executive: corporate affairs, MTN Group: \u201cThis move signals a new chapter for the highly successful MTN Network Solutions, and underpins the MTN Group strategy in a world of converged telecommunications. MTN Network Solutions will be fully integrated into MTN South Africa creating synergies between our GSM and IP networks. We will be expanding rapidly in the data market across Africa, with a renewed focus on South Africa.\u201d<\/font><\/p>\n<p><font size=\"2\">Paul Jenkins, Johncom Corporate and Business Affairs Director, comments: \u201cWe have been pleased with the success and profits generated by Network Solutions. It has become increasingly apparent that MTN could better leverage the opportunities that would contribute to Network Solutions\u2019 continued success. We have no doubt that MTN will position Network Solutions as the leader in this fast-moving and exciting converged market.\u201d<\/font><\/p>\n<p><font size=\"2\">With the construction of a new commercial hosting facility in Rosebank, MTN Network Solutions has become a specialist in hosting high volume websites, such as MTN Loaded, CareerJunction, Sunday Times and Business Day, among others. <\/font><\/p>\n<p \/>\n","protected":false},"excerpt":{"rendered":"<p>The MTN Group is pleased to announce that it has acquired the remaining 40% interest in MTN Network Solutions (Pty) Limited (MTN Network Solutions) from Johnnic Communications Limited (Johncom), thus giving MTN full ownership and control of MTN Network Solutions.<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-546540","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/546540"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=546540"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/546540\/revisions"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=546540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=546540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=546540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}