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Tag: mtn
Orange and MTN launch JV to ramp up mobile money services in Africa
2018-11-23 01:00:00| Total Telecom industry news
International telcos Orange and MTN Group have launched a new mobile money joint venture in Africa, according to a company release. Mowali will enable interoperable mobile payments across the entire continent of Africa, essentially making it possible for users to transfer money via their mobile phones…read more on TotalTele.com »
Tags: services
money
mobile
africa
MTN Group adds 2.5 mln subscribers, service revenue up 10%
2018-10-29 09:05:00| Telecompaper Headlines
(Telecompaper) MTN Group said it has added 2.5 million new subscribers in the third quarter, to serve 225.4 million people in 21 countries in Africa and the Middle East at the end of September. Active data subscribers increased quarter on quarter by 5.0 million to 74.2 million, and active mobile money customers grew over the same period by 1.7 million to 25.8 million.
Tags: up
service
group
revenue
Nigeria central bank says working on 'equitable resolution' of MTN funds claim
2018-09-20 10:35:00| Telecompaper Headlines
(Telecompaper) The Central Bank of Nigeria said it's working on an "equitable resolution" of its claim against four banks and mobile operator MTN Nigeria of USD 8 billion in illegally expatriated funds. In a statement, the central bank said it is reviewing additional information received from the banks and MTN with a view to reaching a settlement.
Tags: working
central
bank
resolution
Nigeria takes on Africa's mobile phone giant MTN
2018-09-07 15:26:37| BBC News | Business | UK Edition
The telecommunications giant was hit with a multi-billion dollar tax bill by Nigerian regulators.
Tags: phone
mobile
takes
giant
Nigerian attorney general says MTN owes USD 2 bln in back taxes
2018-09-05 09:47:00| Telecompaper Headlines
(Telecompaper) MTN Group said the office of Nigeria's Attorney General (AG) calculates that MTN owes USD 2 billion in back tax related to the import of foreign equipment and payments to suppliers over the past ten years. MTN said that it had been in talks with the AG about an investigation into tax compliance, in a statement outlining the background to the case of money sent out of the country.
Tags: back
general
usd
attorney
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