23 C
Lagos, South Africa and New York
Saturday, July 4, 2020

South Africa’s MTN to add 8.3 million new users in 2017

JOHANNESBURG  - South Africa's MTN expects to add 8.3 million new users in the 2017 financial year, a document handed out at the firm's results presentation showed on Thursday. MTN, Africa's largest mobile network operator, reported that its subscribers increased by 3.3 percent or 7.7...

2017 World Consumer Rights Day: Nigeria moves to end abuses in telecom sector

Minister of Communications Technology, Adebayo Shittu, has said that his ministry and the Consumer Protection Council (CPC) are collaborating to save Nigerians from increasing consumer abuses in the telecoms sector. Adebayo made this assertion when the Director General of CPC, Dupe Atoki, led her management...

Group seeks incentives to promote Nigeria’s digital economy as mobile ecosystem revenues hit $3.2tr

The Global System for Mobile Communication Association (GSMA) said the mobile ecosystem generated 4.2 per cent of global gross domestic product (GDP) in 2015, a contribution of more than $3.1 trillion of added economic value. It said digitalisation enables businesses to operate more efficiently and...

South Africa’s MTN record loss due to Nigerian fine, naira woes

Telecoms giant MTN is set to report a full-year loss next week, one of the biggest in its history, reflecting a regulatory fine and the collapse in the Naira, Per Second News gathered Monday. Last year, MTN agreed to pay 330 billion naira ($1.7 billion)...

ITU ready to launch 5G technology

The International Telecommunication Union (ITU) has completed a cycle of studies on the key performance requirements of the next generation mobile networks (5G technology). A working group of ITU conducted the study for the International Mobile Telecommunications (IMT)-2020 systems. The ITU Secretary-General, Houlin Zhao, in a...

Just In: MTN Team visits Osinbajo

An MTN Team led by the Nigerian chairman, Pascal Dozie visited Acting President Yemi Osinbajo on Thursday in Abuja. MTN Group chairman, South Africa’s Mr. Phutuma Nhleko was also in the entourage along, with  senior lawyer, Gbenga Oyebode,  Chief Victor Odili, Colonel Sani Bello and...

South Africa’s MTN worried over violence against its property in Nigeria

JOHANNESBURG Feb 23  - South Africa's mobile operator MTN Group said on Thursday it was concerned over the violence against its property in Nigeria, where protesters attacked and vandalised its head office. "Reacting to recent events that appear to be directed against non-nationals both in...

Nigeria’s MainOne Shows Off Microsoft Cloud Partnership and Virtual Reality Solutions at Nerds Unite Event

LAGOS, Nigeria, February 21, 2017 /Naija247news/ -- For the first time in Nigeria, MainOne showcased Microsoft HoloLens, the world's first self-contained holographic computer running Windows 10 at MainOne's Nerds Unite 2017 event. Speaking during the event, Principal Group Manager, Microsoft Corporation, Robert Di Benedetto, highlighted...

Nigeria begs MTN to list shares on its stock market

ABUJA Feb 20  - Nigeria urged South Africa's MTN to list its shares on the local stock market, its telecommunications minister said on Monday. Africa's biggest mobile phone operator has said it aims to list its Nigerian unit on the local bourse but has given...

South Africa’s MTN extends push into Iranian e-commerce

JOHANNESBURG  - South Africa's MTN has increased its investment in an Iranian e-commerce business, it said on Monday, without disclosing the size of the transaction. MTN, Africa's largest mobile phone company, told Reuters last year that it planned to expand in Iran, where it has...
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