Tag Archives: mtn

The company executives say focus on digitization will drive growth of business going forward Kampala, Uganda | JULIUS BUSINGE | MTN Uganda has reported a 9.1% increase in net profit to Shs442.6billion for the first six months of 2020. According to company’s latest interim results, the performance was driven by …

Kampala, Uganda | THE INDEPENDENT | Government has reached an agreement with telecom company MTN Uganda to renew its license for a period of 12 years. MTN will pay sh372 billion for the license that commences on July 1, 2020. The telecom company said in a statement on Saturday that …

Kampala, Uganda |  THE INDEPENDENT |  Telecommunications giant MTN Uganda has been ordered to pay Uganda Revenue Authority – URA- 44.2 billion Uganda Shillings in two separate court cases that could forever define how telecoms pay their taxes. In one case, MTN will pay 24.2 billion  Shillings on the dispute on …

The telco is said to have agreed to pay $100-million for the renewal of its operating licence Kampala, Uganda | ISAAC KHISA | A double digit growth in data and mobile money services helped MTN Uganda to record a 12.5% growth in revenue to Shs1.4trillion last year compared with 2018. …

  Johannesburg. South Africa | THE INDEPENDENT | MTN Group’s president and CEO Rob Shuter will step down in March 2021 at the end of his contract, the company confirmed Wednesday, as it released its financial results  for year ended 31 December 2019. “CEO Rob Shuter will be stepping down from …

Television still dominates the content space Kampala, Uganda | ISAAC KHISA | Telecom firms are slowly taking the battle for consumers to traditional Pay TV’s door step with the matching of the rival’s content either through partnerships or own content plays. MTN Uganda unveiled the YOTV in partnership with Al …

Abuja, Nigeria | AFP |  South African mobile giant MTN has said it will make investments worth $1.6 billion (1.45 billion euros) in Nigeria as it seeks to put a series of legal wrangles to bed. The telecommunications firm said late Wednesday that its top executives made the announcement during …

  Kampala, Uganda | THE INDEPENDENT | Uganda Communications Commission has found that poor signal quality was the biggest contributor to network failures among telecom companies in the country. The communications sector regulator carried out the quality of services survey between September 2019 and November 2019 and found that MTN …

Kampala, Uganda | THE INDEPENDENT | Africa’s largest telecom firm, MTN, has agreed to sell its towers businesses in Uganda and Ghana as Africa’s biggest mobile phone operator refocuses on high-growth markets on the continent and in the Middle East. Clashes with regulators in Nigeria, Uganda and elsewhere have crimped …

Lagos, Nigeria | AFP |  Mobile giant MTN has said that Nigeria’s attorney general had withdrawn a demand for around $2 billion in back taxes in the latest step towards resolving its legal woes with the authorities. The South African telecommunications firm has already battled back a string of financial …