Nigeria unveils R10-billion broadband project
Nigeria plans to invest R10.4-billion in broadband infrastructure over the next four years as the government sets its sights on nationwide coverage and to boost an economy recovering from a 2016...
View ArticleMillions of phone users may be cut off in Nigeria crackdown
Nigeria’s telecommunications regulator has ordered mobile phone users to link their devices to their national identity numbers, raising the prospect of millions of lines being blocked.
View ArticleMission impossible for MTN in Nigeria?
MTN is in a race against time to get about half its subscribers to comply with the Nigerian government’s stipulation that their Sims be connected to their ID numbers by the end of the year.
View ArticleNigeria delays Sim registration order – again
Nigeria has given telecommunication providers an extra eight weeks to add valid national ID numbers to every Sim card registered in the country, according to a statement.
View ArticleMTN says Nigeria licence renewal at advanced stage
MTN Nigeria is at an advanced stage in renewing its operating spectrum and licence in Nigeria for another 10 years from September, the local unit of South Africa's MTN Group said on Sunday.
View ArticleNigeria orders mobile operators to block Twitter
Nigerian telecommunications firms blocked access to Twitter following a regulatory directive aimed at suspending the US social media giant indefinitely.
View ArticleMTN gave CEO R24m golden handshake
Former MTN CEO Sifiso Dabengwa was given a R23,7m golden handshake after resigning from the telecommunications group last year. Dabengwa resigned from the company on 9 November 2015, just months after
View ArticleNigeria suspends talks with MTN
Nigeria has reportedly suspended discussions with MTN over the record US$3,9bn fine imposed on the mobile operator's subsidiary there while the country's parliament investigates the size of the penalty...
View ArticleMTN defends ex-CEO’s R24m payout
MTN interim executive chairman Phuthuma Nhleko has defended the R23,7m golden handshake given to former CEO Sifiso Dabengwa, who resigned in November 2015 following a US$5,2bn fine
View ArticleMTN’s Nigerian nightmare is over
MTN Nigeria has agreed to pay a total cash amount of 330bn naira - the equivalent of $1,7bn (R25,1bn) at the official exchange rate, or R13,6bn on the parallel market - to settle the fine
View ArticleMTN promises caution on Nigeria listing
MTN will not list its subsidiary in Nigeria unless market conditions are sufficiently conducive to an initial public offering, the group’s interim executive chairman, Phuthuma Nhleko, told TechCentral
View ArticleHow to stop the R2/MB extortion
Much like interconnect rates which for years remained stubbornly and unreasonably high, punitive out-of-bundle mobile data rates are a relic of a bygone era. Sure, operators might have been justified...
View ArticleMTN secures access to crucial spectrum
MTN Nigeria has won access to the 2,6GHz spectrum band. This is a crucial band for providing wireless broadband services and comes well ahead of the allocation of access by South African authorities to...
View ArticleMTN to report a first-half EPS loss
Telecommunications group MTN warned on Tuesday that its profits for the six months ended 30 June 2016 will have come under pressure as a result of the record-breaking fine imposed on it in Nigeria and...
View ArticleMTN sails into perfect financial storm
MTN has hit a perfect storm of bad news in the first half of its 2016 financial year, with the telecommunications group warning that it will report a basic headline loss per share of between R2,55 and...
View ArticleMTN may pull plug on $220m Visafone deal
MTN Group is considering abandoning the acquisition of Nigerian Internet provider Visafone Communications after the country’s industry regulator ruled that broadband spectrum shouldn’t be included in...
View ArticleMTN Nigeria listing in jeopardy
MTN Group’s plan to sell shares in its Nigerian unit on the local stock exchange next year is at risk following allegations by lawmakers that Africa’s biggest wireless carrier illegally moved almost
View ArticleMTN hit by regulatory fine in Rwanda
A Rwandan regulator has imposed a fine equivalent to R112m on MTN, the JSE-listed telecommunications group said on Wednesday. The fine, a tiny fraction of the one imposed on its by
View ArticleNigerian regulator wants amicable relations with MTN
Nigeria’s telecommunications regulator will strive to keep relations amicable between the government and MTN Group as the two parties negotiate $10-billion of claims against Africa’s largest wireless...
View ArticleMTN sets out impact of Nigeria phone line crackdown
MTN Group on Wednesday moved to reassure nervous investors that a crackdown by Nigerian authorities on unregistered phone lines will not have a huge adverse impact.
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