mtn africa
African Development Bank & MTN Launch Women’s Finance Study in Nigeria
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Is MTN Africa’s Best Employer? Forbes Thinks So
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MTN Ghana Appoints New Chief Sales & Distribution Officer
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Top 10 Largest Telecom Companies in Africa
Sourced from the Guardian Nigeria. The COVID-19 pandemic has spurred digital transformation initiatives across Africa, but it has also affected the revenues of its largest telecommunication firms. Almost all of the companies in this list had their bottom lines affected by the global pandemic either positively or negatively, however, a key trend is clear – customer bases are growing across the board as Africa is steadily developing. These telecoms represent an important technology in the continent, the technology that enables and facilitates communication. A vital innovation for developing economies. The following list takes into account both total annual revenue and current user base/subscribers to rank the telecoms. Here are the top 10 largest Telecom companies in Africa ranked: 10. Globa...
2Africa Adds 4 New Branches to its Continent Spanning Undersea Cable
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MTN is Selling its South African Towers
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Nigeria Has Yet to Renew MTN’s Licence in the Country
Sourced from Business Tech Nigeria’s Communication Commission (NCC) said on Tuesday that MTN Nigeria’s application to renew its operating licence for the next 10 years was still undergoing regulatory processing. In March, MTN Nigeria said that it was at an “advanced stage” in renewing its operating spectrum and licence from September. This spectrum encompasses the company’s data network and telecom coverage in Africa most populous country and largest economy. The NCC has said that recent online media reports stating that the telco’s application for its licence renewal had already been granted are false, according to Reuters. “The Commission wishes to state that while MTN Nigeria has applied for the renewal of the Unified Access Service Licence (UASL) granted to it by the Commission, the ap...
MTN SA to Invest $2.3-Million Driving Digital Inclusion in Limpopo, Mpumalanga & North West
Sourced from TheTechieGuy (https://thetechieguy.com/) MTN South Africa is making significant headway in ensuring more people in SA benefit from the modern, connected world. A $2.3-Million Investment to SA’s Northern Region The planned network investment in the Limpopo, Mpumalanga, and North West areas, for the 2021 financial year of R350-million ($2.3-million), is aimed at modernising, upgrading, building new sites and transmission links. “We want to bridge the digital divide and create exciting opportunities for communities, businesses and individual users. Our investment is therefore far more than achieving market share growth in the region – it is about bringing the benefits of the digital world to more people through a stable, secure and innovative network experience,” says Kagi...
MTN Deploys “First-of-its-Kind” Infrastructure Advancing Network Automation in Uganda
Sourced from TheTechieGuy (https://thetechieguy.com/) MTN Uganda and several members of the Telecom Infra Project (TIP) have signed an agreement that will advance network automation in the country and abroad using TIP’s Disaggregated Cell Site Gateway (DCSG). This first of its kind network deployment in Africa will see MTN evolve its Transport Network and turn it into a future-proof asset that will seamlessly enable its network transition to 5G. Transport Network transmits data traffic between points within a network that enable access to the internet. Through Ambition 2025, MTN’s strategic blueprint, Network-as-a-Service (Naas) is one of five scale platforms for growth that contribute to leading digital solutions for Africa’s progress. TIP’s Disaggregated Cell Site Gateway (DCSG) DCSGs ul...
MTN Plans to Build New ICT Centre in Ghana
Sourced from TheTechieGuy (https://thetechieguy.com/) MTN Group CEO Ralph Mupita has made a three-day visit to Ghana and launched major projects that the operator aims to achieve by 2022, Ecofin reported. It intends to improve and expand network infrastructure to bring quality telecom services to rural areas and supporting Ghana’s QR code project and other digital initiatives such as combating cyber-attacks and developing women’s participation in ICT, he said. Mupita also revealed MTN’s intention to build an ICT centre in Ghana and finalise the opening of 30% of MTN Ghana’s capital to local investors by the end of the year. MTN plans to open up 30% of the capital MobileMoney by January 2022, too. Since March, the company has initiated a strategic repositioning to attract third-party capita...
MTN Group Appoints New Strategy and Transformation Executive
Image sourced from TechFinancials MTN Group has appointed Chika Ekeji as its new Strategy and Transformation Executive – effective from 15 March. The telco says this appointment is part of its plans to further bolster management capacity to accelerate the Group’s strategic ambitions. “In December 2020, MTN Group announced the completion of a comprehensive strategy review with a focus on accelerating growth, deleveraging the holding company debt and unlocking value,” says MTN. “To support the execution of the repositioned strategy, we announced the appointment of a new Group Chief Financial Officer as well as changes to the Group’s regional structure and the Group Executive Committee.” According to MyBroadband, Ekeji has a Masters of Engineering in Computer Science from Cornell University a...
MTN Nigeria Subscribers Grow to 76.5 Million
Sourced from TheTechieGuy (https://thetechieguy.com/) MTN Nigeria has published its financial year results – ending December 2020 – which reveal an increase of 12.2 million mobile subscribers to total 76.5 million. The telco also recorded: Active data users increased by 7.4 million to 32.6 million Service revenue increased by 14.7% to NGN1.3 trillion Earnings before interest, tax, depreciation, and amortisation (EBITDA) grew by 9.7% to N685.7 billion EBITDA margin declined by 2.5 percentage point (pp) to 50.9% Profit before tax (PBT) grew by 2.6% to N298.9 billion Earnings per share (EPS) rose by 0.9% to N10.1 MTN Launches Supersonic AirFibre in South Africa MTN has launched its Supersonic AirFibre offering in South Africa. The product is said to overcome distance and a lack of infrastruct...
