Browsing: MTN

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MTN reaffirms dividend despite Iran sanctions

MTN Group CEO Rob Shuter said on Thursday at the telecommunications operator’s annual general meeting of shareholders that it still expects to declare a full-year dividend for 2018 of R5/share despite impending US

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MTN set to raise R13.8bn in Nigeria debt

MTN Group plans to borrow as much as 400bn naira (US$1.1bn; R13.8bn) in Nigeria this year as Africa’s largest wireless carrier by sales seeks to fund local investment and replace existing debt in the continent’s

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Trump’s Iran move piles pressure on MTN

US President Donald Trump’s decision to re-impose sanctions on Iran may limit the ability of MTN Group to repatriate cash, both in the form of dividends and loans, from its investment there, it warned on

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MTN launches 5G field trial

MTN and technology partner Huawei have launched what they are calling Africa’s first field trial of 5G mobile broadband. The field trial demonstrated a 5G fixed-wireless access use case with Huawei’s 5G 28GHz

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Mcebisi Jonas to join MTN board

Former deputy finance minister Mcebisi Jonas, who was controversially fired from the position by former President Jacob Zuma, will join MTN Group as a nonexecutive director on 1 June, the Johannesburg-headquartered

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MTN South Africa shows margin improvement

Operational profit margins at MTN South Africa have shown good improvement in the first quarter of 2018, the emerging-markets telecommunications group said on Thursday. In the three months to 31 March 2018, the South

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MTN shores up African base

Benin and Cameroon appear to have escaped MTN’s chopping block. MTN Group said on Thursday it has all but resolved disputes with the governments and regulators in the two West African markets, suggesting

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