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SA data pricing transformation key to future growth – Vodacom

By: Natasha Odendaal     31st May 2019 A successful data pricing transformation and reducing the cost to communicate will be key for the future growth of telecommunications giant Vodacom. The initial financial impacts of further reducing the cost-to-communicate in South Africa, combined with costs associated with concluding its new... 

MTN close to paying off 330bn naira fine in Nigeria – NCC

By: Reuters     22nd May 2019 African telecommunications giant MTN has paid 275-billion naira ($898.99-million) toward a 330-billion naira fine imposed on it for not disconnecting unregistered SIM cards, Nigeria's communications agency said on Tuesday. The final 55-billion naira payment from MTN, Africa's largest... 

Vodacom reports full-year profit decline, but rise in service revenue 

By: Natasha Odendaal     13th May 2019 JSE-listed Vodacom on Monday posted muted growth in earnings and a rise in service revenue for the financial year ended March 31. The telecommunications giant reported earnings a share of 867c for the 12 months under review, an 8.7% decline on the prior year, along with a 6.6% year-on-year... 

Nigerian court to hear case between MTN, Attorney General on June 26

By: Creamer Media Reporter      7th May 2019 The legal battle between telecommunications giant MTN and Nigerian Attorney General of the Federation (AGF) will be heard on June 26. This followed the Federal High Court’s rejection this week of the Notice of Preliminary Objection filed by the AGF in response to MTN Nigeria’s lawsuit. 

MTN appoints Jonas chairperson designate, establishes international advisory board 

By: Natasha Odendaal     3rd May 2019 JSE-listed telecommunications giant MTN Group has established an international advisory board (IAB), led by political and business heavyweights. The group also plans on effecting an “evolution of the board”, with former Finance Minister Mcebisi Jonas appointed chairperson designate, as it enters... 

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