News: MTN Group Ltd (MTNJ.J)

MTNJ.J on Johannesburg Stock Exchange

23,557.00ZAc
3 Jul 2015
Change (% chg)

-148.00c (-0.63%)
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23,505.00c
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Mon, Jun 15 2015

Damaging wage strike at South Africa's MTN enters 4th week

JOHANNESBURG, June 15 - A strike over higher pay at South African mobile phone operator MTN Group stretched into its fourth week on Monday, disrupting the supply of some new mobile phones.

UPDATE 2-South African union says 2,000 workers strike at mobile group MTN

* MTN shares fall 3 pct, lag rival (Adds details from demonstration)

S.African union says 2,000 MTN employees to hold strike

JOHANNESBURG, May 15 - South Africa's Communication Workers Union (CWU) said its 2,000 members working at telecommunications operator MTN Group would strike on May 20 to demand higher bonus payments.

BRIEF-MTN Group posts 16.7 pct rise in reported data revenue

* Satisfactory subscriber growth of 1.8 pct quarter-on-quarter (qoq), adding 4.1 million subscribers

Deals of the day- Mergers and acquisitions

April 10 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

UPDATE 1-South Africa's MTN to buy Nigeria's Visafone -sources

JOHANNESBURG/LAGOS, April 10 - Africa's largest telecoms operator MTN Group is in talks to buy Nigeria's Visafone Communications to solidify its grip in the South African firm's most important market, sources familiar with the discussions said on Friday.

South Africa's MTN to buy Nigeria's Visafone -sources

JOHANNESBURG/LAGOS, April 10 - Africa's largest telecoms operator MTN Group is in talks to buy Nigeria's Visafone Communications to solidify its grip in the South African firm's most important market, sources familiar with the discussions said on Friday.

S.Africa's MTN to access $1 bln after easing of Iran sanctions

JOHANNESBURG, April 7 - South African mobile phone operator MTN Group has said easing of sanctions against Iran would allow it to transfer about $1 billion in accumulated dividends and a loan repayment from its Iranian unit.

S.Africa's shares creep higher, MTN up on Nigeria election

JOHANNESBURG, April 1 - South African stocks ticked up slightly on Wednesday buoyed by telecoms operator MTN Group, spurred on by peaceful presidential elections in Nigeria where it is a market leader.

UPDATE 2-S.Africa's MTN wary about growth in Nigeria

* Expects to add 17.5 mln users in 2015 (Recasts with quotes)

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