News: MTN Group Ltd (MTNOY.PK)
21 May 2013
WASHINGTON, May 1 - Turkish telecom company Turkcell dropped its multibillion-dollar U.S. lawsuit against rival African mobile phone group MTN Group, citing a recent U.S. Supreme Court ruling that hurt its case.
JOHANNESBURG, April 25 - South Africa's MTN Group said on Thursday its subscribers increased by 3 percent in the first quarter of the year, bringing its customer base to 195.4 million people across Africa and the Middle East.
JOHANNESBURG, April 18 - The chief executive of South African telecom MTN Group on Thursday hailed a U.S. Supreme Court ruling as a major boost to its defence against a $4.2 billion lawsuit from rival Turkcell.
JOHANNESBURG, April 18 - The chief executive of South African telecom MTN Group hailed a U.S. Supreme Court ruling this week as major boost to its defence against a $4.2 billion lawsuit from rival Turkcell.
JOHANNESBURG - MTN Group , Africa's largest listed firm, could spend up to $8 billion on an acquisition and is looking for targets on the continent, the Middle East and Southeast Asia, its chief executive said on Wednesday.
JOHANNESBURG, March 15 - A Ugandan court threw out a tax fraud case against the chief executive and other senior officials of South Africa's MTN Group due to lack of evidence, MTN said on Friday.
JOHANNESBURG - MTN Group , Africa's largest mobile phone company, is interested in a Myanmar operating license, which it expects will cost the winning bidder $200-$500 million in license fees.
* Shares little changed this year (Recasts with expansion plans)
JOHANNESBURG, March 6 - MTN Group Ltd : * S.Africa's MTN says FY headline EPS at 1089.1 cents per share versus