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Articles tagged with: Mtn
Zimbabwe's Telecel Says Not Selling Stake to MTN
Zimbabwean mobile network operator, Telecel says that it is not planning to sell a stake to South Africa's mtn. There had been recent rumours that mtn was looking at buying a stake in a Zimbabwe company, and that Telecel was the lead candidate. The rumours were heightened when the company took a stand at a trade fair in the country in April. more
Related Tags: telecel, base, orascom, Zimbabwe
Nokia Losing Mobile Internet Traffic Market Share in South Africa
Mobile ad agency, mKhoj has reported that the market share of mobile internet traffic from Nokia handsets in South Africa has dropped from 46% in January to 39% last month. Samsung currently holds 33% of the market, and rose from 20% in January. The iPhone made its entrée into the market, but only contributes 0.06% of the total network traffic, making it a relatively small but growing player. more
Related Tags: mkhoj, mobile-advertising, nokia, samsung, cell-c, vodacom, South Africa
Talk Of Telecom Mergers Ringing Louder
After slowing to a crawl in the first half of 2009, deal-making among phone companies is bouncing back, a shift that's playing out in developed and fast-growing emerging markets alike. more
Related Tags: deutsche-telekom, vodafone, t-mobile, hutchison-whampoa, bharti-airtel
MTN Shuts Down SMS Competition Early
South Africa's mtn has decided to close an anniversary SMS competition early after it became increasingly mired in controversy. The quiz-style competition was set up to celebrate the operator's 15th birthday, but concerns about the costs of the text messages and allegations that relatives of mtn staff were winning the prizes has dogged the promotion. more
Related Tags: South Africa
MTN Merges International Carrier Business with Belgian Partner
South Africa's mtn is to merge its international carrier business into Belgacom International Carrier Services (BICS) and named the merged firm the official international gateway for carrier services of mtn globally. more
Related Tags: belgacom, swisscom, South Africa
MTN Says No Significant Financial Impact on Iran Subsidiary
South Africa's mtn has denied reports that its Iranian subsidiary would lose at least a months worth of operating income due to the ongoing political strife in the country. The networks have been ordered to shut down their SMS services and it is reported that voice calls are sometimes being restricted in some cities. more
Related Tags: irancell, tci, Iran
Fitch Comments on Potential Transaction Between Bharti and MTN
Fitch Ratings has commented that it will closely monitor developments following the disclosure by India's Bharti Airtel and South Africa's mtn Group that they are engaged in exclusive discussions to potentially acquire stakes in each other, with a view to eventually achieving a full merger. more
Related Tags: bharti-airtel, singtel, fitch-ratings, fitch, debt-ratings, South Africa
Zimbabwe Network Seeks to Expand Coverage
Zimbabwe's smallest mobile network operator, Telecel says that it is planning for a significant expansion of its network coverage. The company says that it has already boosted capacity thanks to upgrading existing base station towers. Telecel Zimbabwe is owned by Egypt's Orascom Telecom. more
Related Tags: telecel, orascom, Zimbabwe
MTN restarts merger talks with India's Bharti
India's Bharti Airtel has resumed merger talks with South Africa's mtn - after they broke down last year. Under the proposed terms of the deal, Bharti would acquire a 49% shareholding in mtn and, in turn, mtn and its shareholders would acquire an approximate 36% economic interest in Bharti, of which 25% would be held by mtn with the remainder held directly by mtn shareholders. more
Related Tags: bharti-airtel, singtel, johannesburg--stock-exchange, partner, South Africa
Telkom Refutes MTN Claims of Network Problems
South Africa's dominant landline operator, Telkom has rejected the claims made last week by mtn's Managing Director, Tim Lowry, where he blamed Telkom - in part - for the mobile network operators quality of service difficulties. more
Related Tags: telkom, landline, South Africa