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Nigeria: Why FG Is Liquidating Nitel - BPE
Lagos :: Nigeria | 6 days ago
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Director General of the Bureau of Public Enterprises (BPE), Mr. Benjamin Ezra Dikki has said...Dikki, who spoke on a variety of privatisation issues, regretted the absence of a regulator at the Nigerian ports since the concession exercise in 2006,
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S. Africa group pays $335M for MTN Nigeria share
Johannesburg :: South Africa | 7 months ago
Credibility
A South African investment group has purchased a minority stake in MTN Group Ltd.'s operation in Nigeria for $335 million. Shanduka Group said in a statement Wednesday that it bought the shares from three private investors it did not name. It also
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Naspers boss among Africa's 40 richest
Luanda :: Angola | 7 months ago
Credibility
Two South African tycoons have made it onto Forbes' second annual list of Africa's 40 richest. They are Naspers [JSE:NPN] CEO Koos Bekker and mining mogul Desmond Sacco, who is also the richest newcomer, with a net worth of $1.4bn. The two have
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Nigeria to award fixed telecom licences early next year
Dubai :: United Arab Emirates | 8 months ago
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Nigeria will award new licences to provide fixed-line internet services early next year as Africa's most populous country aims to transform its underdeveloped and unreliable network. Nigeria is forecast to have 120 million mobile subscribers by 2013-
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No staff killed in Nigeria - MTN
Lagos :: Nigeria | 9 months ago
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Johannesburg Mobile services provider MTN [JSE:MTN] on Tuesday denied that any of its staff had been killed in attacks on telecommunications infrastructure in Northern Nigeria last week. The South African group which has operations across the African
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Nigeria: Mobile Operators Lose N8 Billion Daily to Attacks On Infrastructure
Lagos :: Nigeria | 9 months ago
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MTN, Globacom, Airtel, Etisalat and Visafone are losing about N8 billion daily revenue to the recent bombing of their facilities in the northern parts of the country. The operators are losing money on their voice, short message service (SMS) and
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MTN's Liberia partner: Collusion claims
Monrovia :: Liberia | 11 months ago
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47 Black economic empowerment investors in Absa, are set to sell their stake in the banking group, City Press reports. Aug 03 2012 17:13 Nedbank responds to a user's claim that he is being ripped off. Telecommunications giant MTN is caught up in
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Nigeria: NCC Fines - GSM Firms to Invest U.S.$1.8 Billion On Network Upgrade
Lagos :: Nigeria | 1 year ago
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Mr. Steven Evans, Chief Executive Officer, Etisalat Nigeria, said the company in the past three and half years has invested over $2 billion in building and expanding its network and will continue to invest in upgrading and expanding its network and
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South Africa: MTN Group's Subscriber Base Strengthens
Cape Town :: South Africa | 1 year ago
Credibility
Base Strengthens 7 May 2012 MTN Group recorded 170 573 000 subscribers at 31 March 2012. This is a 3,7% increase for the quarter from 164 501 000 subscribers recorded at 31 December 2011. The group delivered a satisfactory performance notwithstanding
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West Africa: Bandwidth Cost to Drop As U.S.$650 Million Undersea Cable Goes Live
Lagos :: Nigeria | 1 year ago
Credibility
Nigeria by MTN Nigeria spans the entire West African coast and terminating in the United Kingdom will complement SAT3, Glo1 and Main One Cable systems that are already commercial in West Africa...The landing station is ready and we expect that it
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