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Tag: mtn
Icasa postpones MTR cut after MTN appeal
2014-02-17 09:37:00| Telecompaper Headlines
(Telecompaper) The Independent Communications Authority of South Africa (Icasa) said it has decided to postpone the implementation of new wholesale mobile termination rates (MTR) until 01 May, following urgent legal action by MTN. The rate that operators can charge each other to carry calls between their networks was due to be cut from ZAR 0.40 per minute to ZAR 0.20 on 01 March.
MTN confirms sale of towers to IHS in Rwanda, Zambia
2013-12-20 12:23:00| Telecompaper Headlines
(Telecompaper) MTN Group announced that it has agreed to sell its tower portfolios in Rwanda and Zambia to IHS Holding. MTN will sell a total of 1,228 mobile towers to IHS's subsidiaries in Rwanda and Zambia, comprised of 524 and 704 towers respectively, for undisclosed amounts. The sale of the towers is in line with MTN's asset optimization strategy and builds on two previous deals with IHS in Cameroon and Cote d'Ivoire, for a total of 1,758 towers. Under the agreements, IHS will acquire and operate the towers and related passive infrastructure and will invest in a build-to-suit programme to support MTN's future requirements in both countries. MTN Rwanda and MTN Zambia will become the respective anchor tenants on the towers for an initial term of ten years. The transactions bring the total number of towers in IHS's portfolio to 10,500. IHS will market services on the towers in Rwanda and Zambia, promoting tower sharing and colocation. Each transaction is expected to close independently during the first half of 2014, subject to customary closing conditions.
Tags: sale
zambia
rwanda
towers
Millicom International Cellular: MTN joins Millicom and Rocket...
2013-12-16 11:13:27| Wireless - Topix.net
Together the three companies will fast track the development of AIH leveraging on MTN's and Millicom's highly complementary footprints in Africa and Rocket Internet's know-how in online services.
Tags: international
cellular
joins
rocket
Millicom International Cellular: MTN joins Millicom and Rocket...
2013-12-16 10:12:14| Telecom - Topix.net
Together the three companies will fast track the development of AIH leveraging on MTN's and Millicom's highly complementary footprints in Africa and Rocket Internet's know-how in online services.
Tags: international
cellular
joins
rocket
MTN forms e-commerce venture with Millicom, Rocket Internet
2013-12-16 09:53:00| Telecompaper Headlines
(Telecompaper) MTN Group has announced a partnership with Rocket Internet and Millicom International to develop e-commerce in Africa through a joint venture called Africa Internet Holding (AIH). The three companies will fast-track the development of AIH using MTN's and Millicom's complementary footprints in Africa and Rocket Internet's know-how in online services. MTN, Millicom and Rocket Internet will each become 33.3 percent shareholders in AIH and will have equal representation on the board of the company.
Tags: internet
forms
venture
ecommerce
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