MTN News Africa
MTN South Africa is Number 1 – Again
MTN South Africa has once again been ranked as the country’s best network, this time in the second quarter of 2022. According to the tech publication MyBroadband Insights report, MTN reigned supreme with a Network Quality Score of 9.75 in comparison to the 6.38 achieved by its nearest competitor. In 2021, the largest telecom in Africa won a similar prize, ranked as the best mobile network in South Africa by MyBroadband. Michele Gamberini, CTIO at MTN SA says “The quality of experience delivered to our customers is very important to MTN. We have embarked on a major network modernisation and expansion drive to improve both coverage and reach.” “While accelerating and improving access through 5G is one critical leg, our aim throughout is to significantly enhance access broadly and open the do...
Just How Many Shares is MTN Nigeria Preparing to Sell in Upcoming Offer
Sourced from TheTechieGuy (https://thetechieguy.com/) The MTN Group, representing the largest telecom company in Africa, has announced that it is preparing to sell shares in its Nigeria arm worth about $242-million in the continuation of its plan to dispose of assets and pay down debt. MTN Nigeria, which was listed in Lagos in 2019, will offer 575 million shares, according to a statement released on Thursday. The move marks a larger effort to sell about 14% of the MTNs holdings in its Nigerian arm – the “largest and most profitable unit,” according to the company. The news has spiked the price of MTN’s shares listed on the Johannesburg Stock Exchange by 3.6%, the largest rise in over a month. The MTN Group stock has surged 138% this year, making it the best performer on the FTSE/JSE Africa...
Is MTN Africa’s Best Employer? Forbes Thinks So
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MTN Plans to Build New ICT Centre in Ghana
Sourced from TheTechieGuy (https://thetechieguy.com/) MTN Group CEO Ralph Mupita has made a three-day visit to Ghana and launched major projects that the operator aims to achieve by 2022, Ecofin reported. It intends to improve and expand network infrastructure to bring quality telecom services to rural areas and supporting Ghana’s QR code project and other digital initiatives such as combating cyber-attacks and developing women’s participation in ICT, he said. Mupita also revealed MTN’s intention to build an ICT centre in Ghana and finalise the opening of 30% of MTN Ghana’s capital to local investors by the end of the year. MTN plans to open up 30% of the capital MobileMoney by January 2022, too. Since March, the company has initiated a strategic repositioning to attract third-party capita...
