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MTN Nigeria eyes debt and equity sale after stock market listing

15 May 2019, 11:08 AM

 MTN Nigeria is arranging local debt financing and plans to sell shares to new investors through a public offering, after listing its shares in Africa’s biggest economy on Thursday.

MTN logo

MTN gains clients despite scandals

8 March 2019, 12:30 PM

South African telecommunications giant MTN on Thursday said its subscriber base grew by 16 million customers last year to 233 million, good news for the embattled mobile operator.

MTN

MTN to raise $1-billion from asset sales, profit surges

7 March 2019, 11:21 AM

MTN Group plans to raise more than R15-billion rand in asset sales over the next three years, Africa’s biggest telecoms group said on Thursday after reporting a massive jump in 2018 profit.

Wim Vanhelleputte (C) giving an interview to journalists

MTN Uganda CEO deported over national security

15 February 2019, 10:30 AM

The chief executive officer of telecoms group MTN Uganda, a unit of South Africa’s MTN Group, has been deported from the East African country over national security concerns, Ugandan police said on Friday.

Customers are pictured inside an MTN dealer shop

MTN has paid $53 mln to settle Nigeria dispute -central bank

22 January 2019, 6:15 PM

South Africa’s MTN has paid $53 million to settle a money transfer dispute with Nigeria’s central bank and the matter has been withdrawn from court, Governor Godwin Emefiele said on Tuesday.

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