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MTN Group Ltd (MTNJ.J)

MTNJ.J on Johannesburg Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Blue Label Telecoms Says Cell C Concludes New Roaming Agreement With MTN
Tuesday, 29 May 2018 05:32am EDT 

May 29 (Reuters) - Blue Label Telecoms Ltd ::CELL C CONCLUDES NEW ROAMING AGREEMENT WITH MTN.AGREEMENT'S IMPLEMENTATION WILL COMMENCE IN JULY 2018.CELL C, OF WHICH CO HOLDS 45% OF ISSUED SHARE CAPITAL, HAS CONCLUDED A LONG TERM WHOLESALE NATIONAL ROAMING AGREEMENT WITH MTN.  Full Article

MTN Nigeria Posts Q1 Subscriber Net Additions Of 2.3 Mln
Monday, 7 May 2018 01:05am EDT 

May 7 (Reuters) - MTN Group Ltd ::MTN NIGERIA REPORTED STRONG SUBSCRIBER NET ADDITIONS OF 2,3 MILLION.IN Q1 OF 2018, MTN NIGERIA, INCREASED NAIRA SERVICE REVENUE BY 14,5% YEAR-ON-YEAR.IN Q1, MTN NIGERIA HAD A 62,2% INCREASE IN BILLED DATA VOLUMES.Q1 MTN NIGERIA ACTIVE MOBILE MONEY CUSTOMERS INCREASED TO 2,0 MILLION.Q1 MTN NIGERIA DATA REVENUE INCREASED BY 73,2% YEAR-ON-YEAR.Q1 MTN NIGERIA, EBITDA MARGIN INCREASED BY 332BP TO 41,8%.MTN NIGERIA INVESTED N17,9BN IN CAPEX IN Q1.  Full Article

MTN Group Posts FY Positive HEPS Of 182 Cents​
Thursday, 8 Mar 2018 12:05am EST 

March 8 (Reuters) - Mtn Group Ltd ::FY ‍POSITIVE HEPS OF 182 CENTS​.FY ‍FINAL DIVIDEND OF 450 CENTS PER SHARE DECLARED​.‍INITIATIVES AND KEY PERFORMANCE INDICATORS TO SUPPORT IMPROVED TOP-LINE GROWTH, EBITDA MARGINS AND CASH FLOW OVER MEDIUM TERM​.FY ‍DATA REVENUE INCREASED BY 34,2%.‍OVER NEXT FEW YEARS EXPECT TO DELIVER UPPER-SINGLE-DIGIT CONSTANT CURRENCY SERVICE REVENUE GROWTH FOR GROUP​.‍FINAL DIVIDEND OF 450 CENTS PER SHARE.‍OVER NEXT FEW YEARS EXPECT TO SEE AN EXPANSION IN GROUP EBITDA MARGINS​.FY ‍TOTAL SUBSCRIBERS AT 217,2 MILLION WITH ACTIVE DATA USERS OF 69,1 MILLION​.‍OVER NEXT FEW YEARS EXPECT GROUP CAPEX INTENSITY TO MODERATE WITHIN A RANGE OF 20% TO 15%.​.‍BOARD ANTICIPATES DECLARING A TOTAL DIVIDEND OF 500 CENTS PER SHARE FOR 2018, GROWING AT 10% TO 20% OVER MEDIUM TERM​.FY ‍GROUP REVENUE INCREASED BY 6,8%​.‍MTN NIGERIA CONTINUES TO MAKE GOOD PROGRESS WITH PREPARATIONS FOR ITS LISTING ON NIGERIAN STOCK EXCHANG​.‍MTN GHANA IS MOVING FORWARD WITH ITS LOCALISATION AND EXPECT PROCESS TO BE COMPLETED IN FIRST HALF OF 2018​.‍OVER NEXT FEW YEARS WE EXPECT TO DELIVER UPPER-SINGLE-DIGIT CONSTANT CURRENCY SERVICE REVENUE GROWTH FOR GROUP​.FY ‍HEADLINE EARNINGS PER SHARE (HEPS) OF 182 CENTS COMPARED TO A 77 CENTS HEADLINE LOSS PER SHARE YEAR EARLIER​.  Full Article

MTN Group Sees FY HEPS Of Between 170 Cents Per Share And 190 Cents Per Share ​
Friday, 2 Mar 2018 10:20am EST 

March 2 (Reuters) - MTN Group Ltd ::‍FOR THE 12-MONTH PERIOD ENDED 31 DECEMBER 2017, SEES FULL YEAR HEADLINE EARNINGS PER SHARE OF BETWEEN 170 CENTS PER SHARE AND 190 CENTS PER SHARE ​.‍HEPS WERE IMPACTED BY A NUMBER OF ONCE OFF AND NON CASH ITEMS TOTALING 483CPS IN FINANCIAL YEAR ENDED 31 DECEMBER 2017​.  Full Article

Invicta Appoints ‍Nazlee Rajmohamed As Financial Director From July 1​
Monday, 12 Feb 2018 03:04am EST 

Feb 12 (Reuters) - INVICTA HOLDINGS LTD ::‍NAZLEE RAJMOHAMED HAS BEEN APPOINTED AS GROUP FINANCIAL DIRECTOR OF INVICTA WITH EFFECT FROM JULY 1, 2018​.‍RAJMOHAMED WILL REPLACE CRAIG BARNARD, WHO WILL REMAIN ON BOARD OF INVICTA AND WILL CONTINUE WITH HIS ROLE AS COMMERCIAL DIRECTOR​.  Full Article

MTN Says ‍Expects To Report At Least 20 Pct Improvemment In FY HEPS
Monday, 29 Jan 2018 01:05am EST 

Jan 29 (Reuters) - Mtn Group Ltd ::MTN GROUP - ‍EXPECTS TO REPORT AN IMPROVEMENT OF AT LEAST 20% IN BOTH HEPS AND EPS FOR 12-MONTH PERIOD ENDED 31 DECEMBER​ 2017.‍SAYS BOTH HEPS AND EPS FOR 12-MONTH PERIOD ENDED 31 DECEMBER 2017 ARE EXPECTED TO BE POSITIVE​.  Full Article

MTN Group confirms government requests on MTN Benin CEO to leave country
Friday, 17 Nov 2017 07:12am EST 

Nov 17 (Reuters) - MTN GROUP LTD ::CONFIRMS THAT STEPHEN BLEWETT, CEO OF MTN BENIN HAS RECEIVED OFFICIAL NOTIFICATION FROM GOVERNMENT OF BENIN, REQUESTING TO LEAVE THE COUNTRY BY 24 NOV 2017‍​.REASON CITED FOR THIS REQUEST IS BLEWETT’S ENGAGEMENT IN “ACTIVITIES DETRIMENTAL TO SECURITY AND PUBLIC ORDER”.SAYS CO HAS TAKEN NOTE OF THE GOVERNMENT’S CONCERNS, HOWEVER REFUTES THESE ALLEGATIONS.BLEWETT WILL ABIDE BY THE GOVERNMENT’S REQUEST AND WILL LEAVE BENIN BY THE DATE STIPULATED BY LOCAL AUTHORITIES.  Full Article

MTN Group says ‍MTN benin receives notification from ARCEP on Nov 8
Thursday, 9 Nov 2017 10:30am EST 

Nov 9 (Reuters) - Mtn Group Ltd :‍MTN BENIN RECEIVED NOTIFICATION FROM ARCEP ON NOV 8 THAT A PROCESS WAS INITIATED TO REVIEW OUTSTANDING INVOICES ON FREQUENCY FEES FOR 2016 AND 2017​.‍WILL CONTINUE TO ENGAGE WITH REGULATORY AUTHORITIES IN BENIN TO FIND AN AMICABLE SOLUTION TO THIS MATTER​.  Full Article

MTN Group provides ‍quarterly update for period ended Sept. 30
Tuesday, 24 Oct 2017 01:05am EDT 

Oct 24 (Reuters) - Mtn Group Ltd :‍QUARTERLY UPDATE FOR PERIOD ENDED 30 SEPTEMBER 2017​.‍QTR GROUP SUBSCRIBERS DECLINED MARGINALLY BY 0,7% QUARTER-ON-QUARTER (QOQ) TO 230,2 MILLION​.‍QTR ACTIVE MTN MOBILE MONEY CUSTOMERS INCREASED QOQ BY 10,6% TO 19,8 MILLION​.QUARTER ‍VOICE TRAFFIC (BILLABLE MINUTES) INCREASED BY 9% AND DATA TRAFFIC CONTINUED TO GROW STRONGLY UP BY SOME 125% YEAR-ON-YEAR (YOY)​.‍ON A CONSTANT CURRENCY BASIS GROUP TOTAL REVENUE INCREASED BY 6,9%​ IN QUARTER.‍YEAR-TO-DATE CAPITAL EXPENDITURE WAS R18 BILLION, UP 1,1%​.‍WORKING ON REDUCING OUT-OF-BUNDLE DATA PRICING ACROSS MARKETS WHICH IS EXPECTED TO HAVE SHORT-TERM IMPACT ON DATA REVENUE GROWTH.‍REMAIN ON TRACK TO MEET OUR FINANCIAL YEAR 2017 GUIDANCE DESPITE CONTINUED CHALLENGING ECONOMIC GROWTH ACROSS OUR MARKETS​.  Full Article

MTN Group says on track to meet FY 2017 guidance
Thursday, 3 Aug 2017 01:05am EDT 

Aug 3 (Reuters) - MTN GROUP LTD ::MTN GROUP LTD - ON TRACK TO MEET FINANCIAL YEAR 2017 (FY2017) GUIDANCE COMMUNICATED IN MARCH 2017.HY GROUP REVENUE IN CONSTANT CURRENCY GREW BY 6,7%* TO R64 315 MILLION, UNDERPINNED BY 10,8%* GROWTH IN REVENUE IN NIGERIA.MTN GROUP LTD - MACRO-ECONOMIC CONDITIONS REMAIN "CHALLENGING ACROSS A NUMBER OF OUR MARKETS".HY DATA REVENUE INCREASED BY 31,9%* TO R13 952 MILLION, SUPPORTED BY IMPROVED QUALITY AND CAPACITY OF OUR DATA NETWORKS IN KEY MARKETS.MTN GROUP LTD - DURING PAST SIX MONTHS MANAGEMENT TEAM UNDERTOOK A THOROUGH REVIEW OF GROUP STRATEGY.HY DIGITAL REVENUE INCREASED BY 24,7%*, DRIVEN MAINLY BY MOBILE FINANCIAL SERVICES (MFS).HY SUBSCRIBER NUMBERS IN PERIOD DECREASED BY 3,6% TO 231,8 MILLION IMPACTED BY A DECLINE IN SUBSCRIBER NUMBERS IN MTN NIGERIA AND MTN GHANA.MTN GROUP LTD - HY REPORTED HEADLINE EARNINGS PER SHARE (HEPS) WERE 217 CENTS COMPARED TO A 271 CENTS HEADLINE LOSS PER SHARE IN COMPARABLE PERIOD.IN IRAN, WE EXPECT TO BENEFIT FROM GROWTH IN IRANIAN ECONOMY AND FROM COUNTRY'S YOUTHFUL POPULATION, PARTICULARLY IN DIGITAL SERVICES SPACE.MTN GROUP LTD - REDUCED CAPEX GUIDANCE FOR 2017 TO R30,0 BILLION FROM PREVIOUS GUIDANCE OF R34,8 BILLION.MTN GROUP LTD - EXPECT TO ACCELERATE EXPENDITURE IN SECOND HALF AND MEET REVISED CAPEX GUIDANCE FOR FULL YEAR.BOARD HAS DECLARED AN INTERIM DIVIDEND OF 250 CENTS PER SHARE.DIVIDEND IN LINE WITH FY2017 GUIDANCE OF 700 CENTS PER SHARE COMMUNICATED IN MARCH 2017.  Full Article

S.Africa's MTN aims to launch mobile service in Namibia around August

WINDHOEK, June 13 MTN Group, Africa's biggest mobile telecoms firm, is aiming to launch a mobile service in Namibia around the end of August, a company executive told Reuters.