South Africa's telecom giant MTN has operations in different countries including Nigeria, where it was fined in 2015 for missing a deadline to disconnect unregistered SIM cards. AFP/File/PIUS UTOMI EKPEI
Mobile phone company MTN said on Thursday it met its medium-term revenue growth target in the first quarter by delivering 10% year-on-year growth led by strong operational performance in South Africa, Nigeria, and Ghana. “In South Africa, we implemented changed pricing for pre-paid propositions where we reduced, materially the out-of-bundle tariffs, making data services much more affordable.”
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MTN lost 1.2-million subscribers in SA in the first quarterMobile operator says a challenging economic environment contributed to a shrinking prepaid base Wow. That's huge. and still raked in revenue. Vodacom is next in line
Source: BDliveSA - 🏆 12. / 63 Read more »
Governance shift at MTN as Phuthuma Nhleko winds down active roleNhleko was good at recognising the need to chase market share, expand territories and execute a high-growth trajectory
Source: BDliveSA - 🏆 12. / 63 Read more »
Steinhoff results and MTN court ruling in the spotlight on TuesdayJSE expected to get off to a slow and mixed start
Source: BDliveSA - 🏆 12. / 63 Read more »
Judge rules MTN met deadline to respond to Nigerian tax demandNigeria’s attorney-general handed MTN the $2bn demand for backdated taxes in September, but it says the claim is without merit
Source: BDliveSA - 🏆 12. / 63 Read more »
Mcebisi Jonas to lead MTN's board, Thabo Mbeki chairs advisory panelThe former deputy finance minister will step in from December, with five directors set to leave by April 2020
Source: TimesLIVE - 🏆 28. / 59 Read more »
Big board changes at MTN as Mcebisi Jonas takes over as chairFormer deputy finance minister Mcebisi Jonas is set to take over as MTN chair in December, while former president Thabo Mbeki will head up its new international advisory board 🤣
Source: BDliveSA - 🏆 12. / 63 Read more »
Governance shift at MTN as Phuthuma Nhleko winds down active roleNhleko was good at recognising the need to chase market share, expand territories and execute a high-growth trajectory
Source: BDliveSA - 🏆 12. / 63 Read more »
Mcebisi Jonas announced as next MTN chairpersonThe MTN group announced that former deputy finance minister Mcebisi Jonas has been appointed its chairperson-designate. Fin24 He must thank Zuma. Fin24 Congratulations to Mr 600M. Fin24 MTN data prices going up.
Source: News24 - 🏆 4. / 80 Read more »
MTN appoints Mcebisi Jonas as chairperson, Mbeki as IAB chairThe former president has also been announced as chair of the group's International Advisory Board.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Mcebisi Jonas to chair MTN boardThe company also announced that this board will be headed by former president Thabo Mbeki. 🤞 others could take a leaf out of Mcebisi’s book The Chair of the Board of Directors is the Head. How can Mr Jonas be Chair of MTN Board and President Mbeki the Head? Are they going to co- Chair the Board? Is he applied or is via politics
Source: eNCA - 🏆 49. / 51 Read more »
MTN appoints Mcebisi Jonas as next chairpersonJonas will assume the position of chairman of MTN Group effective on 15 December once Chairman Phuthuma Nhleko steps down, MTN said in a statement. Cyril... Wooooow. The former brains behind TreasuryRSA are quickly snatched by the private sector. It says something positive i'm canceling my contract I don't trust this man
Source: ewnupdates - 🏆 30. / 53 Read more »