News: MTN Group Ltd (MTNJ.J)

MTNJ.J on Johannesburg Stock Exchange

24 Jul 2014
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Thu, Jun 5 2014

MTN plans $250 mln Ivory Coast telecom network upgrade

ABIDJAN, June 5 - MTN Group, Africa's biggest telecommunications operator, plans to spend around 120 billion CFA francs ($250 million) upgrading its network in Ivory Coast, the head of the West African nation's local subsidiary said.

MTN Group to spend $3 billion on upgrades in Nigeria - newspaper

JOHANNESBURG, May 16 - Africa's biggest telecommunications operator MTN Group plans to spend $3 billion to upgrade and expand the infrastructure of its operations in Nigeria over the next three years, South Africa's Business Day newspaper reported on Friday.

South Africa's Telkom, MTN in talks over network sharing

JOHANNESBURG, March 6 - South African fixed-line phone operator Telkom SA SOC Ltd said on Thursday it is in talks with MTN Group about sharing each others networks, a move that could save both firms money.

Competition hits MTN's revenues in home market South Africa

JOHANNESBURG - MTN Group , Africa's largest telecoms provider, reported a 27 percent rise in full-year earnings on Wednesday, but also revealed a drop in revenues in its home market South Africa due partly to fierce competition.

UPDATE 1-Competition hits MTN's revenues in home market South Africa

* Customer numbers rise to 207.8 mln, up nearly 10 pct (Adds details, quotes)

Weak S.African rand boosts MTN's annual earnings 27 pct

JOHANNESBURG, March 5 - MTN Group, Africa's largest telecoms provider, posted a 27 percent jump in full-year earnings on Wednesday, lifted by foreign exchange gains and strong growth in data revenue.

UPDATE 1-S.Africa's telecoms regulator brings forward mobile rate cuts

CAPE TOWN, Feb 20 - South Africa's telecoms regulator on Thursday brought forward the start date for planned mobile rates cuts by a month, saying it didn't need two months to prepare for a legal challenge from operator MTN Group .

BRIEF-MTN expects full-year HEPS to rise between 25 pct to 30 pct

JOHANNESBURG, Feb 20 - MTN Group Ltd : * Says MTN expects an increase of between 25% and 30% in headline earnings per

UPDATE 2-S.Africa delays mobile call rate cut after court challenge

* Move follows court challenge by mobile operator MTN (Recasts with regulatory delay)

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