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Breaking News

Telkom seeks to loosen expansion restrictions on Vodacom Restricted

South African telecoms group Telkom, which is a 50% shareholder in South Africa’s leading cellular operator, Vodacom, was engaged in discussions with UK giant Vodafone, its partner in Vodacom, to loosen merger-and-acquisition restrictions on...
05 Jun 06
 
 
Breaking News

MTN widens Middle East stake, buys out mobile firm Restricted

MOBILE Africa's biggest mobile operator MTN has announced its intention to buy out a Middle Eastern cellular company for R34-billion. In a note to the JSE on Tuesday morning, the South African-based cellular group said that its board had reached...
02 May 06
 
 
Telecoms

African cell giant continues with big investment drive Restricted

Despite having invested almost R70-billion in cash into new international operations during the nine months to December 2005, South African-based telecoms group MTN still enjoys a “respectable” debt-equity ratio, with ample capital in...
07 Apr 06
 
 
Breaking News

Nigeria land of opportunity for SA business, says Chamber Restricted

First it was cellular provider MTN, often billed as Nigeria's cellular success story, that made it big in Nigeria. Now it may be the turn of cinema company Nu Metro, which reveals that it will be making its own foray into the West African country...
30 Mar 06
 
 
Breaking News

MTN weighs risks, rewards of Iran entry Restricted

MTN Last year, the MTN group announced that it would be opening shop in Iran in 2006. But have the prospects of a good profit harvest been shrivelled by growing political rumblings over Iran's nuclear programme? Having paid a €300-million licence...
27 Feb 06
 
 
Engineering & Manufacturing

SA businesses in Iran face uncertain times Restricted

The global tensions that are simmering as a result of Iran�s decision to pursue atomic research are bound to be causing anxiety among the South African companies that have operations in Iran.
17 Feb 06
 
 
News This Week

MTN plans market-share fight back in South Africa Restricted

Mobile-telecoms group MTN is preparing a market-acquisition fight back in South Africa after admitting to being ‘unhappy’ with subscriber-growth performance in its home market in the six months to September 30.
02 Dec 05
 
 
Breaking News

MTN plans SA market-share fight back Restricted

NEWS Mobile-telecoms group MTN is preparing a market-acquisition fight back in South Africa after admitting to being 'unhappy' with subscriber-growth performance in its home market in the six months to September 30.
25 Nov 05
 
 
Breaking News

MTN pays fee for 49% stake in Iran provider Restricted

South Africa's second mobile operator MTN is to participate in the second GSM licence in the Islamic Republic of Iran.
 
 
Breaking News

MTN launches BlackBerry Connect in South Africa Restricted

Cellular company MTN and Research In Motion (RIM) have announced that BlackBerry Connect is now available for new and existing customers of the Nokia 9500 Communicator, Nokia 9300 and Sony Ericsson P910i in South Africa.
 
 
Breaking News

MTN in $128m deal for Botswana mobile stake Restricted

South Africa's second mobile operator MTN has advised its shareholders that it has acquired an effective indirect interest of 44% in Mascom Wireless Botswana, a company incorporated and registered in Botswana.
 
 
Breaking News

MTN signs up 49% of Iranian cellular firm Restricted

South Africa's second cellular operator MTN has agreed to take 49% of IranCell in Iran.
 
 
 
 
 
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