MTN HIKES PRICES, BLAMING POWER CUTS AND CRIME

MTN HIKES PRICES, BLAMING POWER CUTS AND CRIME

MTN South Africa is increasing its consumer post-paid subscription fees by an average of 5.1%, blaming a “challenging market environment” for the need to push through the price hikes. The new prices will come into effect on 1 April. “The impact of the...
MTN EXPLAINS 8-HOUR DATA NETWORK OUTAGE

MTN EXPLAINS 8-HOUR DATA NETWORK OUTAGE

MTN says that a fault developed on its network after an upgrade, causing intermittent outages for data customers on Tuesday. “Following an upgrade on a part of the MTN network last night, a fault developed this morning, resulting in some intermittent connectivity...
MTN TO SELL AFGHAN UNIT FOR R640M

MTN TO SELL AFGHAN UNIT FOR R640M

MTN Group is selling its Afghanistan business to Beirut-based M1 New Ventures for US$35-million (R640-million) as Africa’s largest wireless carrier continues to reduce its presence outside the continent. The Johannesburg-based company announced the deal on Friday...
MTN HIKES PRICES, BLAMING POWER CUTS AND CRIME

MTN REPORTS 14.7% JUMP IN Q3 RESULTS

MTN Group’s third quarter pre-tax profit rose 14.7% year on year, supported by demand for its data and financial services. MTN, with 285 million customers in 19 countries in Africa and the Middle East, said group service revenue grew to R49.6-billion for the...
MTN ORDERED TO REVERSE PRICE HIKES IN NIGERIA

MTN ORDERED TO REVERSE PRICE HIKES IN NIGERIA

Nigeria’s telecommunications regulator ordered mobile telecommunication companies to reverse a 10% tariff hike that was meant to cover rising costs. The Nigerian Communications Commission said in an emailed statement that its board didn’t approve the increase, which...