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MTN Group spins off Cypriot business unit for 260m
2018-07-16 02:00:00| Total Telecom industry news
South African based global telco, MTN Group, has sold its operations in Cyprus, according to reports in the local press. The deal is believed to be worth €260m. Last year…read more on TotalTele.com »
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Cell C drops Vodacom for roaming, inks new deal with MTN incl 4G access
2018-05-29 16:30:00| Telecompaper Headlines
(Telecompaper) South African operator Cell C announced it has entered into a far-reaching roaming agreement with MTN in order to complement Cell C's own mobile network. The agreement will see MTN providing both 3G and 4G services to Cell C in areas where Cell C has chosen to purchase coverage rather than self-build, mainly outside of the main metro areas. The operator said the introduction of 4G roaming will benefit customers significantly.
Huawei and MTN switch on fixed wireless 5G trial in S Africa
2018-05-09 02:00:00| Total Telecom industry news
Huawei has joined forces with Africa's biggest mobile operator, MTN, to conduct the continent's first live 5G trial of fixed wireless broadband. The field test took place in the South African capital of Pretoria and delivered download speeds of 520Mbps and upload speeds of 77Mbps…read more on TotalTele.com »
MTN Group adds 4.1 mln new subscribers in Q1
2018-05-03 14:31:00| Telecompaper Headlines
(Telecompaper) MTN Group added 4.1 million new subscribers in the first quarter, ending March with a total of 221.3 million in 22 countries across Africa and the Middle East. That represents a 1.9 percent increase quarter-on-quarter. Active MTN Mobile Money customers increased by 3.9 percent on a quarterly basis to 22.7 million, and mobile money revenues were up 52.4 percent year-on-year. MTN also reported group voice revenue up 5.4 percent thanks to strong growth in Nigeria and Ghana, and data revenue up 26.9 percent as it expanded coverage across its footprint.
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MTN Group reports organic revenue growth of 6.8% for 2017, despite drop in subscribers
2018-03-08 10:29:00| Telecompaper Headlines
(Telecompaper) MTN Group said its revenue increased by 6.8 percent on an organic basis to ZAR 132.8 billion in 2017. Underlying service revenue rose by 7.2 percent to ZAR 124.41 billion, thanks to a recovery in Nigeria. Outgoing voice revenue remained largely flat, which it said was a positive re-enforcement of its work to stem the decline in the voice contribution, particularly in Nigeria, where outgoing voice revenue went up by 7.5 percent.
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