Tag Archives: Ralph Mupita

MTN Group has announced plans to reduce its shareholding in MTN Nigeria through a public offer after it returns to profitability. The group aims to cut its stake from 76 percent to 65 percent in line with its longstanding commitment to deepen local ownership. MTN Group President, Ralph Mupita disclosed …

MTN Group, Africa’s telecommunications titan, is doubling down on its Nigerian market, implementing significant tariff adjustments in February 2025 to counteract the severe impact of the Naira’s dramatic devaluation. This strategic move, revealed in the company’s 2024 financial results, underscores MTN’s confidence in its ability to navigate turbulent economic waters …

MTN Group, Africa’s telecommunications giant, has unveiled its 2024 financial results, revealing a complex picture of robust operational growth marred by significant currency devaluation in Nigeria and conflict-related impairments in Sudan. However, the company’s bold move to implement tariff adjustments in Nigeria, effective February 2025, signals a clear focus on …

…A Blueprint for Talent Management in Telecoms MTN Group has launched its first People Report, coinciding with its 30th anniversary in the telecommunications space. The report captures the inspiring journey of over 17,500 individuals within MTN’s workforce across 19 countries, who have collectively contributed to connecting people and inspiring lives …

MTN Group CEO and President, Ralph Mupita has disclosed that company corporate social arm, MTN Foundation has spent over N25.7 billion towards contributing its quota to Nigeria’s socio-economic development. Ralph Mupita made this diaclosure in a meeting with the Vice President of Nigeria, Senator Kashim Shettima on the sidelines of …

Following his visit to Nigeria earlier in the year, the Chief Executive Officier of MTN Group, Ralph Mupita has declared that the 5G license won by MTN Nigeria will usher in a new world of opportunities. Speaking in an interview on Arise TV’s Global Business Report, the group CEO gave …

…Says Consolidation of Telecoms Sector is Inveitable The Group Chief Executive Officier of MTN, Ralph Mupita has disclosed that the telecom company spends spends more than $2 billion on Network Infrastructure. Mupita who made this disclosure while speaking during a PSG webinar hosted by broadcaster Bruce Whitfield said the consolidation …

… As 76% of successful applicants via digital platform are women, 85% are under age 40 The Series 1 offer for sale of MTN shares of 575 million held by MTN Group in Nigeria to Nigerian investors has been oversubscribed by 139%. This was disclosed by the telecoms company in …

MTN Nigeria Communications Plc (MTN Nigeria) is pleased to announce that the public offer to retail investors for the sale of up to 575 million shares held in MTN Nigeria by MTN Group will be priced at N169.00 per share (the Offer). The Offer will open at 8:00am on 1 December 2021 …

In an effort to deepen MTN Ownership Structure in Nigeria, the telecom company has revealed its plan to sell 14% stakes to Nigerians as well as increasing indigenous shareholders. The disclosure was made by the Group’s President, Ralph Mupita during a courtesy visit to Nigeria’s Vice President Yemi Osinbajo yesterday …