South Africa based MTN Group has warned that its subscriber growth has been impacted by price competition and registration regulations. The South African market remains challenging given regulatory and competitive actions. Click here for more.
South Africa's MTN Group has put another of its senior managers on special leave as the mystery over the sudden resignation of the company's Chief Financial Officer last month deepened. Click here for more.
South Africa based MTN Group has announced a 22 percent rise in its first half profits as revenues also rose by nearly 10 percent, boosted by a one-third rise in mobile data services. Click here for more.
Fitch said that the ratings reflect MTN's leading market position in most of the markets in which it operates. The strong position allows the group to secure the high-revenue subscribers and generate the cash flow necessary to re-invest in network...
Fitch said that the downgrade reflects the group's heightened business risk profile as a result of its growing reliance on cash generated from weak non-investment grade countries. The Stable Outlook reflects the group's on-going strong cash...
South Africa based MTN Group has reported what describes as solid subscriber growth despite competitive markets. The Group increased subscriber numbers by 3.2% quarter on quarter to 195.4 million. Click here for more.
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