MTN Nigeria
MTN Nigeria Launches Unlimited Music Streaming Data Bundles
Sourced from TheTechieGuy (https://thetechieguy.com/) MTN Nigeria has partnered with Audiomack to offer subscribers tailored data bundles for streaming unlimited music and accessing content on Audiomack free of data charges. The partnership is expected to see MTN subscribers gain free access to Audiomack’s streaming service via their mobile devices on weekly and monthly subscriptions. The weekly plan offers 1.2GB + Free Audiomack while the monthly plan offers 2.5GB + Free Audiomack. “At Audiomack, we recognise the importance of access to quality music, and this coupled with Nigeria’s vibrant music industry has influenced this partnership,” says Dave Macli, CEO and Co-Founder of Audiomack Africa. “This relationship not only allows us to create shared value for MTN subscribers by delivering ...
MTN donates 300,000 doses of Oxford-AstraZeneca vaccines to Nigeria
The Presidential Task Force (PTF) on COVID-19 said it received 300,000 doses of the Oxford-AstraZeneca vaccines from MTN Nigeria. Speaking at the National briefing, the Chairman of the PTF and Secretary to the Government of the Federation, Mr Boss Mustapha said: “Yesterday, Sunday, March 21, 2021, the PTF received 300,000 doses of the Oxford-AstraZeneca vaccines from MTN Nigeria. “This is acknowledged with thanks as we encourage other partners to contribute towards the fight against COVID-19.” Recall that the Minister of Health, Dr Osagie Ehanire, had said that the first part of the 1.4 million doses promised to be donated to Nigeria would be delivered by end of February, while the remaining balance would be delivered by end of March, 2021. Mustapha also said: “The disclosure that Nigerian...
MTN Nigeria Acquires Additional 800MHz Spectrum
Nigeria has acquired additional 10MHz spectrum in the 800MHz band from Intercellular Nigeria Limited. The Nigerian Communications Commission (NCC) has already approved the transaction and assigned the frequency. According to the telco, this acquisition will significantly improve its customer experience. “Through this acquisition, we will be better positioned to support the deepening of broadband penetration in the country,” says Karl Toriola, CEO of MTN Nigeria. “The added resources will also greatly impact our customers’ experience providing even better internet connectivity. It is our goal to keep finding ways to grant everyone access to modern connected life.” MTN Group Adds 29 Million Subscribers Despite a Challenging 2020 MTN added 29 million new subscribers in 2020, to reach a total ...
MTN Group Adds 29 Million Subscribers Despite a Challenging 2020
MTN added 29 million new subscribers in 2020, to reach a total of 280 million across 21 markets. The group also reported a 52% increase in adjusted headline earnings per share, a four percentage point increase in return on equity to 17% and a more than doubling in operating cashflow to R28,3 billion. “We continued to perform favourably against our medium-term targets,” says MTN President and CEO, Ralph Mupita. “In constant currency terms, service revenue grew 11,9% to R170 billion and EBITDA increased by 13,4%, maintaining our strong operating leverage. The Group’s EBITDA margin improved by 0,9pp to 42,7%, benefiting from the execution of our expense efficiency programme.” The solid results were supported by growth in MTN’s larger operations as well as a broad-based improvement across...
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...
Showmax Partners with MTN Nigeria to Launch Mobile Data Deal
Showmax and MTN Nigeria have teamed up to launch a special data deal for mobile subscribers. The deal that includes the monthly subscription and 2.5GB data – enough to stream 25 hours’ worth of movies, sports, series, kids’ shows and more. A Showmax Mobile subscription gives access to the full Showmax catalogue on a data-enabled mobile device and is available for N1250, including MTN data. Sports fans can get Showmax Pro Mobile and MTN data for N2100. Showmax Pro features all Premier League, Serie A and La Liga matches plus a wide range of live sport from SuperSport including pro boxing, international marathons and IAAF athletics on top of the full Showmax entertainment catalogue. “Keeping up with our digitally savvy, always-on-the-go customers is an exciting challenge that is made easier ...
MTN Nigeria Partners with Gameloft to Launch Gameworld
Sourced from TheTechieGuy (https://thetechieguy.com/) MTN Nigeria has partnered with Gameloft to launch MTN Gameworld – a new gaming platform for its subscribers. The platform is expected to offer the Nigerian gaming community access to a variety of fun and exciting games online through an extensive premium catalogue from Gameloft and other renowned publishers. Speaking on the partnership, Chief Digital Officer of MTN Nigeria, Srinivas Rao said, “We are constantly seeking to deliver innovative products that support the aspirations of our customers, whilst delivering superior user experience. This partnership allows us to provide our customers with access to a variety of exhilarating games from Gameloft and other leading publishers at an affordable rate.” MTN Gameworld will provide customer...
MTN Adds 12 Million New Subscribers in Q3
MTN Group has reported a strong set of financial results for the third quarter, supported mainly by its larger operations in South Africa, Nigeria and Ghana as well as the addition of 12 million new subscribers across the continent. “As the COVID-19 pandemic has continued to impact lives and livelihoods across our markets, the group has demonstrated strong operational execution and resilience,” says MTN Group president and CEO, Ralph Mupita. To meet the increase in data and digital usage, he added that MTN had focused its investment on network capacity and resilience and modernising its IT systems, spending R16 billion in the year to the end of the third quarter. Service revenue grew by 11,4% to more than R43 billion. Earnings before interest, tax, depreciation and amortisation (...
MTN Nigeria Appoints New CEO
MTN Group has appointed Karl Toriola, current VP for MTN Group’s West and Central Africa (WECA) region, as the new CEO of MTN Nigeria – effective 1 March 2021. Toriola will take over as MTN Nigeria CEO from Ferdi Moolman, who has served MTN Nigeria with distinction in this role for the past five years. Moolman will return to South Africa, where he will assume the new role of Group Chief Risk Officer. Toriola has a BSc Hons in Electronic and Electrical Engineering and an MSc in Communication Systems. In his five years as VP of MTN’s WECA region, he has overseen the steady progress of the operating companies in the region, notably the turnaround of MTN Ivory Coast and MTN Cameroon over the past two years. In addition, the WECA markets have made significant commercial and strategic strides, i...
NCC remits N362.34 billion into Nigerian government’s consolidate revenue fund in five years – official
Fix Africa News Magazine The Nigerian Communications Commission (NCC), remitted N362.34 billion into the Federal Government Consolidate Revenue Fund (CRF), from 2015 to date, Prof. Umar Danbatta, Executive Vice Chairman of NCC, has said. Danbatta, who spoke at an interactive session on Friday in Abuja, said that the revenue was realised through spectrum fees and operating surplus, which he noted helped to boost the revenue generation drive of the present administration. Danbatta also said that NCC had continued to collaborate with academics to support the development of the innovative services and life-changing solutions with the use of information and communications technologies to promote indigenous content. “ The Commission has so far released N336.4 million as research grants to the ac...
Nigerian government approves e-SIM trial for MTN
MTN Nigeria Plc (MTN) has announced the trial of e-SIM services on its network based on approvals received from the Federal Government. The trial which kicked-off on Wednesday will run for one year and is open on a first come first served basis to a limited number of subscribers who own compatible devices, a statement from MTN said. Chief Operating Officer, MTN Nigeria, Mazen Mroue, said the company was eager to get through the trial process so that the technology can be deployed for the benefit of every Nigerian. “We are in a fast-paced digital age with new technological advancements driving the constantly changing landscape. Against this backdrop, customers depend on us to provide high quality, reliable and easy-to-use connectivity solutions. “With the introduction of the e-SIM, we will ...
Over 1 Billion SMSs Sent since the Beginning of Lockdown in Nigeria
Sourced from allAfrica. Nigeria’s lockdown triggered by the COVID-19 pandemic has increased the usage of SMSs – the quintessential short message service used all across the world – as subscribers were discovered to have sent over 1-billion messages within the last month. Though this mass of messages was largely free, checks on some operators revealed the rate of how customers made use of the SMS platform to send messages to one another. For instance, a check on MTN showed that within the first five weeks of lockdown, where people all across the country began to work remotely. Over one billion text messages were sent by customers within the first four weeks of the pan-African telecom introducing a new free SMS package – the package allows MTN Nigeria subscribers across the country to send 1...
