Barely weeks after the latest wave of xenophobic attacks against African migrants rocked some parts of South Africa, two top executives of telecom giant, MTN, has resigned from their positions. A press statement issued, yesterday, by the telecoms company disclosed that Philip van Dalsen and Freddy Tchala (the current CEOs of MTN Zambia and MTN […]Read More
For several days, subscribers of both MTN Nigeria and Globacom looking to connect with each other tried in vain not knowing if it was their phone or just the usual patchy network challenges common with Nigeria’s GSM services. MTN Nigeria reportedly banned incoming calls from Glo users for at least five days over the latter’s failure to pay […]Read More
Nigeria said it has resolved a dispute with Africa’s largest mobile operator over $8.13 billion which it accused MTN of illegally repatriating to South Africa.
Africa’s biggest telecoms market Nigeria shocked MTN and foreign investors in August when it ordered it to refund the money, and fined four commercial banks involved in the transfer.
A hearing in the court case between MTN and Nigeria’s central bank in a dispute over the alleged transfer of $8.1 billion of funds by the telecoms firm, has been set for Oct. 30, a lawyer for MTN said on Friday.Read More
South Africa’s telecoms group MTN on Thursday told its staff in Nigeria to stay at home after the country’s main unions launched a nationwide strikeRead More
A $10.1 billion fine by Nigerian authorities will make an upcoming MTN Nigeria IPO difficult, but the operator will press on, its group CFO said.Read More
Africa is not ready for next-generation 5G network but would likely be ready to embrace the super-fast technology in about five years from nowRead More