MTN Nigerian Communications (MTNN) Plc said it has obtained the approval of the Securities and Exchange Commission (SEC) to launch the Series II 10-Year Fixed Rate Bond. The company, in a statement signed by its secretary, Uto Ukpanah, said: “The Series II Bond represents the completion of the N200 billion registered shelf programme. In addition,...
During a company livestream, Minister of Basic Education, Angie Motshekga, with MTN SA CEO, Godfrey Motsa today announced the launch of the MTN Online School, a free online portal that provides a comprehensive digital curriculum for grades R-12 and additional features like video lessons, assessments and extra-tuition lessons for Grade 10 to 12 learners. The solution...
In a bid to compensate customers of MTN network over an outage connection that left customers stranded on October 9, 2021, the Chief Executive Officer of the network, Mr. Olutokun Toriola, has again apologised in the video message and announced a compensation for the customers. Toriola said: “Recently, we had an outage that left our...
MTN Uganda is offering free shares to Kenyan investors in a bid to motivate them in buying stocks in the telecom firm. MTN Uganda yesterday opened an initial public offering (IPO) at $250-million yesterday. South Africa’s MTN Group is currently selling 4.47 billion shares in its Ugandan arm at a price of Ksh6.20 ($0.056) per...
MTN Group has announced plans to invest over USD120 million in its South Sudanese operations over the next three years. In a statement on its social media pages, MTN said it discussed ‘issues of mutual interest, including investment in digital infrastructure and services’ with South Sudan’s President Salva Kiir Mayardit. The statement also added that MTN South Sudan has recently...
MTN Uganda, the East African nation’s biggest telecommunications operator, said on Monday it had set its initial public offering price at 200 Ugandan shillings (R0.83) per share. “The MTN IPO is officially open,” MTN Uganda CEO Wim Vanhelleputte told a news conference in Kampala, urging the Ugandan public to invest, adding that the IPO will close...
MTN Mobile Money app (MTN MoMo), powered by uBank, has expanded into the digital health service space with the release of a Nurse & Video-Dr Consult pre-paid solution. According to the operator, the pre-paid digital healthcare solution starts from R370 and is accessed via the MoMo app. The service is offered in partnership with CareWorks,...
MTN Uganda has announced its intention to proceed with an initial public offer (IPO) and subsequently list on the Uganda Securities Exchange (USE). According to a statement from the company this follows the requisite approval by the Capital Markets Authority and Uganda Securities Exchange for MTN Group to sell 20% of its shareholding in MTN...
The Ghanaian arm of the largest telecom company in Africa has announced its intentions to launch and make operational 5G services in the West African country by 2023. This comes as MTN has yet to fully cover Ghana with its 4G spectrum, but projects to gain 98% 4G coverage by the end of 2022. Currently, MTN’s 4G...
Cameroon Telecommunications (Camtel) has partnered with MTN Cameroon in a network infrastructure sharing deal. Judith Yah Sunday, General Manager of Camtel, and Stephen Blewett, CEO of MTN Cameroon signed a MoU on 28 September. As a result of the deal, Camtel subscribers can remain connected to telecommunications services by switching to MTN’s network in areas...
