Saturday , November 27 2021

Tag Archives: MTN

IHS Sign Agreement to Acquire MTN’s 5709 Telecom Towers in South Africa for $412 Million

IHS Sign Agreement to Acquire MTN's 5709 Telecom Towers in South Africa for $412 Million

IHS Holding Limited (“IHS Towers”), one of the largest independent owners, operators, and developers of shared telecommunications infrastructure in the world by tower count, has signed agreements to acquire 5,709 telecommunication towers in South Africa from Mobile Telephone Networks Proprietary Limited (“MTN”), one of the leading mobile telecommunications operators in …

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MTN Shares Surge on News of Nigeria Banking Licence

MTN Shares Surge on News of Nigeria Banking Licence

MTN Group’s shares surged in Johannesburg after it moved a step closer to getting a licence to operate lucrative mobile money services in Nigeria. The continent’s largest wireless carrier jumped as much as 19% and was up 13.7% at 11am, the highest since 2015. The stock is the year’s best performer …

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MTN Affiliate IHS Towers to Pursue New York Listing

MTN Affiliate IHS Towers to Pursue New York Listing

MTN Group affiliate, emerging markets telecommunications tower operator IHS Towers, is pursuing a possible listing on the New York Stock Exchange. MTN, which owns 29% of IHS, revealed the plans in a stock exchange filing in Johannesburg on Friday. IHS has filed a “Form F-1 registration statement” with the US Securities …

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MTN to Deploy OpenRAN Architecture

MTN to Deploy OpenRAN Architecture

MTN Group said on Wednesday that it will deploy an OpenRAN network architecture across its operations in Africa, allowing interoperability between vendors and reducing costs. MTN will begin testing OpenRAN with a view to deploying it commercially, it said. The technology will allow it to “launch new services more quickly, …

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MTN Enrols 37.2 Million NINs

MTN Enrols 37.2 Million NINs

MTN Nigeria said it has enrolled 37.2 million National Identification Numbers (NINs) for its subscribers in the ongoing exercise of linking the number with the Subscriber Identification Module (SIM) card. The federal government had as at February 1, 2021, put the total figure of NINs received by all mobile network …

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