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MTN Appoints 3 New CEOs Across its African Businesses

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MTN Uganda Posts Results, Sees Increased Profits

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MTN Uganda Lists 22.4 Billion Shares & Commences Trading

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

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...

How Much Will Kenyans Need to Pay for MTN Uganda’s Free IPO Shares?

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

Africell to Exit Uganda, Unable to Compete with MTN & Others

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

MTN Deploys “First-of-its-Kind” Infrastructure Advancing Network Automation in Uganda

Sourced from TheTechieGuy (https://thetechieguy.com/) MTN Uganda and several members of the Telecom Infra Project (TIP) have signed an agreement that will advance network automation in the country and abroad using TIP’s Disaggregated Cell Site Gateway (DCSG). This first of its kind network deployment in Africa will see MTN evolve its Transport Network and turn it into a future-proof asset that will seamlessly enable its network transition to 5G. Transport Network transmits data traffic between points within a network that enable access to the internet. Through Ambition 2025, MTN’s strategic blueprint, Network-as-a-Service (Naas) is one of five scale platforms for growth that contribute to leading digital solutions for Africa’s progress. TIP’s Disaggregated Cell Site Gateway (DCSG) DCSGs ul...

Airtel, MTN and Stanbic Bank Fall Victim to Major Data Breach in Uganda

Sourced from IDG Connect Mobile money transaction company, Pegasus technologies has suffered a major data breach resulting in the loss of billions of Ugandan Shillings – according to PLM Daily. The breach is said to have impacted telcos, Airtel and MTN Uganda, as well as Stanbic Bank, Uganda’s largest bank. “Stanbic Bank Uganda, MTN Uganda and Airtel Uganda inform the public and their customers that on Saturday 3 October 2020, a third-party service provider experienced a system incident which impacted Bank to Mobile Money transactions. All Bank to Mobile Money/Wallet services have since been temporarily suspended,” reads an official statement from the companies. “This system incident has had no impact on any balances on both Bank and Mobile Money accounts. Our technical teams are analysing...

MTN to Focus on African Markets and Ditch Middle East

MTN has announced that it is focusing its strategy on the African markets. “As part of our ongoing portfolio review, we believe the group is best served to focus in the future on our pan-African strategy,” says MTN Group CEO, Rob Shuter. “We will, therefore, be exiting the Middle East in an orderly manner over the medium term. As a first step, we are in advanced discussions to sell our 75% stake in MTN Syria.” The news comes after the telco announced that it added 11 million subscribers in the first six months of the year to reach a total base of 262 million. By the end of June 2020, MTN had 102 million active data users and 38 million active Mobile Money users. Despite lockdown restrictions impacting network rollout, MTN Group invested R10 billion in capital expenditure across...

MTN is Recognised as Most Admired Telecom Brand in Uganda

Image sourced from Pinterest. MTN has been recognised as the Most Admired Telecom Brand in Uganda by Brands Africa in the 2020 Africa’s Best Brands Survey which is conducted across 27 countries on the continent. “This award is an endorsement of our efforts towards keeping every Ugandan connected,” says Joseph Bogera, MTN Uganda’s GM of Sales and Distribution.  “I would like to thank all our customers and communities for the trust that they have shown in us. It encourages us to work harder every day to deliver on our belief that everyone deserves the benefits of modern connected life.” MTN reaches 100 million active user milestone MTN Uganda’s announcement comes hot on the heels of the group’s overall impressive performance across the African continent. Just last week, MTN Group a...