MTN Group adds GlobalConnect to portfolio of Opcos
MTN Group has announced that GlobalConnect, the company’s wholesale infrastructure company, is now an operating company (Opco) of the group.
MTN’s major investor pushes for board reorganisation
MTN Group’s biggest shareholder, Public Investment Corp (PIC), is pushing for changes at the board level to avoid the regulatory...
MTN appoints Sanusi, Abdullahi board members
MTN Group has announced the appointment of the Emir of Kano, Muhammadu Sanusi 11, to its Board of Directors effective July this year.The telecommunications firm also listed Dr. Aisha Abdullahi, a former African Union (AU) Commissioner for Political Affairs and a former Nigerian Ambassador to Guinea as a board member. Welcoming the new directors to the…
MTN may rake in $600m from sale of Jumia shares
Jumia, Africa’s online retailer, is planning an initial public offering (IPO) in New York this year that could value the business at about $1.5 billion, according to those in the know.
MTN Group calls planned local listing ‘pretty challenging, awkward’
MTN Group is now describing its long-awaited listing of shares on the Nigerian Stock Exchange (NSE) as “pretty challenging and awkward”, saying the penalties on the company for several infractions were incapacitating.
MTN Group meets FG, others over Nigerian IPO
MTN Group has met with the federal government as part of its commitment to Nigeria and assures the government of its commitment on the planned IPO and diversification of shareholding to Nigerians.
MTN Nigeria hinges $500m IPO on improved market conditions
The Chief Executive Officer, MTN Group, Rob Shuter has said that the telecommunications firm expects the listing of its Nigerian unit on the Nigerian Stock Exchange (NSE) to be done by the end of 2018.
MTN expresses faith in Nigeria’s economy, urges release of Visafone spectrum to it
Despite the grim challenges arising from the N330 billion fine imposed on it by telecommunication regulator, Nigerian Communications Commission (NCC) last year...