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Tag: mtn nigeria
Nigeria lowers MTN fine to $3.4bn
2015-12-03 01:00:00| Total Telecom industry news
MTN Nigeria CEO steps down as telco restructures in bid to strengthen operational oversight.
Nigeria extends MTN fine deadline
2015-11-16 01:00:00| Total Telecom industry news
Telco still negotiating with officials over $5.2 billion penalty for not disconnecting unregistered SIM cards.
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MTN Group CEO resigns over Nigeria fine
2015-11-09 08:53:00| Telecompaper Headlines
(Telecompaper) MTN Group CEO Sifiso Dabengwa has resigned with immediate effect. A statement from the company said Phuthuma Nhleko, the current non-executive chairman has agreed to act as executive chairman for up to six months while the company identifies a successor for Dabengwa. In his resignation, Dabengwa said "due to the most unfortunate prevailing circumstances occurring at MTN Nigeria," he has in the interest of the company and its shareholders tendered his resignation with immediate effect. Nhleko was CEO until March 2011 when Dabengwa took over. Alan van Biljon will continue to serve as the Lead Independent Director on the MTN board of directors whilst Nhleko takes over executive responsibility.
MTN chief Sifiso Dabengwa quits over Nigeria fine
2015-11-09 01:00:00| Total Telecom industry news
South Africa-based telco appoints former CEO Phuthuma Nhleko to serve as executive chairman for next six months.
MTN chief in Nigeria over $5.2bn fine
2015-11-03 01:00:00| Total Telecom industry news
Sifiso Dabengwa reportedly hopes to negotiate smaller penalty in meeting with senior officials.