MTN

Telecommunications giant MTN expects half-year profits to the end of June 2023 to rise up to 10%, while its rival Telkom says it expects to increase first-quarter revenue by nearly 4%. The two network providers released trading updates on…

Africa’s largest telecommunications company MTN has taken the top prize as South Africa’s best voice network, beating major competitor Vodacom in most categories. JSE-listed MTN – which boasts the biggest market cap in its sector –…

A Cameroon court ordered banks used by MTN Group to transfer its funds into escrow over a dispute the wire carrier says it has nothing to do with, marking an escalation of a conflict that had already frozen MTN’s access to local accounts.…

Mobile telecoms giant MTN, which has nearly 13 000 base stations across SA, says the record levels of power cuts stressing its network infrastructure and the vandalism it triggers has seen it allocate as much as R1.5 billion for repairs…

You can also listen to this podcast on iono.fm here. JIMMY MOYAHA: Now from one of our favourite hotel providers to one of our favourite connectivity providers, MTN. They reported group results . Group earnings were strong, their…

MTN, Africa’s largest wireless carrier, increased its dividend to shareholders by 10% to R3.30 a share as revenue and profits rose. The payout matched the guidance the company gave a year ago, but missed the Bloomberg analyst consensus of…

MTN Group is selling its Afghanistan business to Beirut-based M1 New Ventures for $35 million* (R639.5 million) as Africa’s largest wireless carrier continues to reduce its presence outside the continent. The Johannesburg-based company…

MTN, which is in talks to buy Telkom SA, is questioning a proposal from another telecoms company that’s asked Telkom to acquire it. Rain Group Holdings has offered to sell itself to Telkom in return for newly issued shares, the company…

It’s certainly a stretch by Rain to call any potential transaction with Telkom a ‘merger’. Sure, each is worth around R22 billion – on paper, at least. But we already know that Telkom itself believes it is trading at a “significant…

MTN Uganda said on Thursday its first-half pretax profit jumped 32.4% from the same period last year, lifted by strong data and financial technology services sales. The firm, a unit of South African telecoms giant MTN Group, is Uganda’s…