Articles tagged with: Mtn

MTN May Abandon Nigerian Visafone Purchase

MTN's Nigerian subsidiary is reportedly reconsidering its purchase of local ICT provider Visafone Communications after the regulator moved to block radio spectrum transfers. more

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MTN Denies Illegal Cash Transfers out of Nigeria

MTN has been forced into issuing a denial that it has smuggled US$14 billion out of its Nigerian subsidiary illegally. more

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MTN Poaches Vodafone Exec for new CEO

South Africa's MTN has poached a Vodafone executive as its new CEO as the firm seeks a turn around after it settled a massive fine in Nigeria. more

Related Tags: telia, tcell, Tajikistan

MTN Agrees to Pay US$1.67 Billion Nigerian Fine

MTN's Nigerian subsidiary has settled a massive fine with the government over its failure to disconnect unregistered SIM cards. more

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Ericsson and MTN bring LTE experience to subscribers in Ghana

Ericsson has been selected by MTN Ghana for the deployment of a new LTE network in the Greater Accra region. more

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Ericsson and MTN first LTE-U trial in Africa

Ericsson and MTN have partnered to successfully trial LTE-Unlicensed (LTE-U), a mobile technology innovation that improves indoor app coverage for smartphone users, in South Africa. more

Related Tags: mobilink, warid-telecom, Pakistan

Etisalat Sues to Block MTN's Use of CDMA Radio Spectrum

Etisalat Nigeria has launched legal action to block rival network MTN from using 800Mhz spectrum that it gained access to when it bought the CDMA network operator, Visafone. more

Related Tags: grameenphone, Bangladesh

MTN Seeks Court Order Overturning $3.9 Billion Fine

South Africa based MTN says that it is to appeal against the huge US$3.9 billion fine imposed on it by Nigeria's telecoms regulator back in October. more

Related Tags: ericsson, idea-cellular, India

MTN Debt Ratings Downgraded on Weak Home Market/Nigerian Fine

The downgrade follows the recent rating action on South Africa's sovereign ratings, which is considered together with the impact from recent announcements from the group regarding the fine from NCC, the Nigerian telecoms regulator. more

Related Tags: communications-alliance, Australia

Fitch Revises MTN Group's Outlook to Negative on Nigerian Fine

The Negative Outlook reflects the risk of a significant cash outflow due to a substantial fine imposed on MTN's Nigerian operations, which could increase leverage and pressure MTN's credit metrics.  more

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