Operator MTN met with Nigeria’s Securities and Exchange Commission (SEC) to discuss an initial public …
MTN results to take hit following $1.67B fine
MTN expects to report negative basic headline earnings per share (HEPS) and basic earnings per share (EPS) for HY2016 as a result of the NGN330 billion ($1.67 billion) imposed by Nigeria’s regulator, coupled with the “under-performance” of MTN Nigeria and MTN South Africa.
MTN Nigeria finally agrees with government on $1.7B settlement
MTN Nigeria agreed to pay the country’s government $1.7 billion over three years, as the row over a $5.2 billion fine for failing to register the personal details of 5.1 million subscribers that began in October last year appears to come to an end.
MTN Nigeria given 2 months to settle fine dispute
MTN Nigeria, which was fined $3.9 billion by the country’s regulator, has been given a deadline on 18 March by a federal high court in Lagos to settle the issue, TechCentral reported.
MTN Nigeria stands firm over $3.9B fine – report
MTN Nigeria reportedly said it will not pay “a dime or penny” of the $3.9 …
MTN Nigeria seals Visafone deal – reports
MTN Nigeria reportedly agreed to acquire CDMA provider Visafone, following months of negotiations. MTN, Nigeria’s largest …
MTN Nigeria given deadline to pay $5.2B fine; JSE opens probe
Nigeria’s telecoms watchdog has given MTN Nigeria a deadline of 16 November to pay a …
MTN Nigeria fined $5B by regulator
Nigeria’s telecoms watchdog imposed a NGN 1.04 trillion ($5.2 billion) fine on MTN Nigeria, the …
Huawei trumpets one billion connected total
Huawei said that more than one billion subscribers – a quarter of the worldwide GSM user base – now use radio access networks from the company, reaching the milestone with the construction of a network for MTN Nigeria.
MTN Nigeria secures US2.15B loan
MTN’s Nigerian subsidiary has signed 3-5 year loan agreements worth US$2.15 billion with 17 banks to fund its network expansion