MTN to cut jobs following strikes in SA

MTN reportedly plans to go through with hundreds of job cuts, following an eight week strike by 2,000 workers in South Africa. According to local newspaper Business Report, the company, which said last week it had no plans to concede …

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MTN banks on money growth

Far-flung operator group MTN is leaning on non-voice services, including data and mobile money, for its revenue growth, said CEO Sifiso Dabengwa. Conventional customer additions look unlikely to significantly lift revenue – quarter-on-quarter sub numbers only grew by 1.8 per …

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MTN, Vodafone strike East Africa interconnection deal

The latest in a spate of interconnect deals sees MTN Mobile Money and M-Pesa users in a number of East African countries able to exchange funds with one another. The deal means international remittance payments can be sent and received …

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MTN partners with Verifone to target retailers

Pan-African operator MTN announced a deal with Verifone Mobile Money to deliver retail payment devices to merchants across 16 markets. The move will enable customers to pay for goods and services using mobile phones and MTN Mobile Money wallet, with …

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MTN exploring Telkom acquisition – report

MTN Group, which runs the second largest mobile operator in South Africa, is reportedly mulling the possibility of taking a majority stake in Telkom – the country’s largest landline provider – in a bid to challenge the dominance of Vodacom, …

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WorldRemit strikes deal with MTN

WorldRemit, the UK firm which enables remittances to be sent and received via mobile devices, has signed a global partnership with operator MTN. The deal sets up the possibility that WorldRemit users will be able to send payments to any …

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Ericsson, Millicom partner on Tigo Cash for West Africa

Ericsson has announced its Wallet Platform has been deployed by Millicom-owned Tigo Senegal to offer financial services to customers across West Africa. Tigo Cash mobile services allow subscribers to make payments, store, transfer and withdraw money using a mobile device, even if the user doesn’t have access to traditional banking services. According to Tigo, the […]

IHS to take over MTN Nigeria’s towers through joint venture

African tower management specialist IHS Holding (IHS) announced today it has agreed on principle on a joint venture to form a new towers company with operator MTN. Under the deal, which is expected to reduce MTN’s operational cost, boost network efficiency and expand its voice and data capacity, IHS will have full operational control of MTN’s 9,151 mobile network towers in Nigeria.

MTN sells towers in Rwanda and Zambia

African operator group MTN has sold all of its 1,269 mobile network towers in Rwanda and Zambia to independent mobile infrastructure provider IHS Holding for an undisclosed amount. IHS subsidiaries will own and manage 550 towers in Rwanda and 719 towers in Zambia.