mtn group
MTN Announces Appointment of New Executive for Group Legal
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MTN Group Partners B2B Marketplace Dooka
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MTN Group Selects Top French Expert to Lead Digital Platforms
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SA’s Communication Regulator Names New Acting CEO as Former Boss Jumps to MTN
Advocate Norman Gidi, newly appointed acting CEO of Icasa. The Independent Communications Authority of South Africa (Icasa) has announced the appointment of Norman Gidi as its acting CEO, effective 1 September 2022. This comes as current boss Willington Ngwepe departs to serve in a top position at MTN Group. According to a statement by Icasa, Gidi will assume leadership of the regulator until the end of November, or until a permanent appointment is made. Former CEO Ngwepe is expected to leave Icasa on 31 August, following his resignation. Ngwepe has been appointed to serve as MTN’s chief of staff in the office of Group CEO Ralph Mupita. He had been at Icasa for the last 8 years, joining first as COO. Incoming boss Gidi has a longer tenure at Icasa under his belt, joining the public regulat...
MTN Could Sell its Afghanistan Business for $35-Million
South Africa’s MTN Group, the largest telecom in Africa in terms of revenue and subscriber base, has finally received a binding offer to sell off its Afghanistan business for $35-million. The Group will end its Middle East operations after the sale. In 2021, reports began to indicate that MTN was in talks with potential international buyers to sell its wireless business in Afghanistan in part of the company’s larger plans to completely exit the Middle East. At that point, MTN was the market leader in Afghanistan with a 40% share. According to Reuters, MTN Group CEO Ralph Mupita told journalists that the Group received the offer from an undisclosed buyer for the gross sum of $35-million. The amount will be paid over a period of time, and the proceeds would be $31-million. Mupita confirmed t...
MTN is Planning to Buy Telkom
MTN Group is reportedly in talks to buy its telecommunications rival Telkom. According to Bloomberg, the company said the discussions are still at an early stage and there is no certainty that the transaction will be completed. The news that was announced on Friday morning instantly saw Telkom’s share price soar by 30%. “Shareholders are advised that MTN and Telkom SA SOC Limited [Telkom] have entered into discussions in relation to MTN acquiring the entire issued share capital of Telkom in return for shares or a combination of cash and shares in MTN,” MTN said in an announcement. MTN would pay for the partially state-owned company in shares or a combination of cash and stock, according to a statement the giant telecommunications company released on Friday morning. According to Moneyweb, n...
MTN Appoints 3 New CEOs Across its African Businesses
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MTN Group Appoints New Chief Risk Officer of Fintech
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MTN SA Completes Sale of Over $400-Million in Towers Acquisition
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MTN Appoints New Group Executive for Enterprise Business Unit
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MTN Named the Number 1 African Brand
MTN Group, with operations in 17 countries across Africa, has been ranked the number one African brand and among the top 10 brands on the continent in the annual Brand Africa 100 survey. At a ceremony in Lagos, Nigeria to mark Africa Day on Wednesday 25 May 2022, Brand Africa said that MTN was the #1 African brand in both the spontaneous recall (where respondents are asked to name a brand across any category and region) and prompted recall (where respondents are guided to recall an African brand) rankings. This is the first time MTN has scooped both awards. MTN was also named the highest-ranking telecoms brand on the continent. “We are humbled by the recognition and remain focused on playing a leading role in building a more digitally inclusive society across Africa,” said MTN Group Presid...
MTN Joins the Global Network Initiative
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