MTN Nigeria has revealed plans to invest 640 billion naira (approximately US$1.5 billion) over the next three years to expand broadband access across the continent’s most populous country, in line with the federal government’s 2020-2025 National Broadband Plan and in support of MTN Group’s strategy, Ambition 2025: Leading digital solutions for Africa’s progress. …
Read More »MTN Suspends 2020 Final Dividends Over Nigeria’s Cash Upstreaming, Unveils Ambition 2025 strategy
MTN Group today has suspended the final dividend for 2020 due its near-term focus on faster de-leveraging of its holding company as well as three conditions which negatively impacted this objective. These related to uncertainties around cash upstreaming from Nigeria, the timing of ARP proceeds and COVID-19 impacts. The group …
Read More »MTN Commits to Net Zero Emissions by 2040 for a Sustainable Future
As the impacts of climate change become increasingly visible around the world, MTN believes in the benefits of a healthy planet and has pledged its commitment to achieve net zero emissions by 2040. With global warming on the rise and impacting countries, communities and people everywhere, MTN has set science-based …
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