MTN

MTN Group, Western Union in mobile money transfer

South Africa’s pan-regional operator MTN Group has joined forces with Western Union over a cross-border mobile money transfer service that will be available in 21 countries. The service will allow MTN subscribers to send and receive Western Union Money Transfer transactions using their MTN MobileMoney accounts. The service will first be introduced in Uganda, where MTN’s MobileMoney service has over one million registered users.

Industry must prioritise investment, says MTN South Africa CEO

Operators need to partner with regulators and suppliers to enable sustainable, long term investment in communications infrastructure if Africa is to become globally competitive. That was the message hammered home by MTN South Africa CEO Karel Pienaar during the operator keynote sessions at AfricaCom 2010, in Cape Town.

MTN Cameroon launches mobile money service

Cameroon mobile operator MTN has launched a mobile money service in partnership with local bank Afriland First Bank. The service enables users to make P2P money transfers and buy airtime. MTN plans to extend the service to pay bills and for goods and services in the future. According to Afriland the banking penetration rate in Cameroon is less than 10 per cent.

Orascom, MTN call off acquisition talks

Egyptian carrier Orascom, run by billionaire businessman Naguib Sawiris, said this week that it has called off discussions with regional powerhouse MTN.

MTN chief quits post

Having missed the executive exodus that took place last week, Phuthuma Nhleko, group president and chief executive of African carrier MTN chose to kick this week off by announcing plans to depart after eight years at the helm.

Belgacom, MTN merge carrier services operations

Belgacom’s International Carrier Services (ICS) division has extended its long standing partnership with pan-African carrier MTN, with the combination of the two firms ICS units and MTN’s acquisition of a stake in Belgacom ICS.

Bharti, MTN call off merger talks

Merger talks between emerging markets giants Bharti and MTN have been called off once again, after the two firms failed to convince the South African government – MTN’s biggest shareholder – on the benefits of the deal.

MTN, Bharti extend merger talks

Merger talks between India’s largest carrier, Bharti Airtel, and pan-MEA operator MTN have been extended by an extra month, suggesting an agreement may be in the pipeline.

Zain to offload African portfolio?

Rumours abound this week that aspiring global carrier Zain could be looking to sell its entire African portfolio. This goes against pretty much every noise the firm has ever made about its strategic ambitions.

MTN, Bharti resume merger talks

Merger talks between India’s largest carrier, Bharti Airtel, and pan-MEA operator MTN have been restarted a year after they were last abandoned. The news comes in the wake of the carriers each announcing that they have broken the 100 million subscriber barrier.

“Let the buying begin,” says telecoms analyst

Despite the economic chaos, telecoms firms should not let a sensible attitude of caution turn into a bunker mentality. For those with tangible resources available, analysts say a more aggressive strategy is advisable. This week, industry analyst Ovum predicted that the financial crisis will force a sea change in the telecoms landscape, largely outdating the […]

MTN goes on spending spree in Ivory Coast

Pan African operator MTN continued its acquisition spree this week, snapping up two service providers on the Ivory Coast. MTN, which is based in South Africa, said it has acquired 100 per cent of the Ivory Coast’s second biggest land line operator, Arobase, as well as internet service provider Afnet. Financial details were not revealed. […]

MTN, Reliance extend merger talks

Pan African operator MTN said Wednesday that it has agreed to extend merger discussions with Indian carrier Reliance Communications until later this month. In a joint announcement to the Johannesburg and Bombay stock exchanges Wednesday morning, the companies confirmed an extension on the talks until July 21, as they look for a way to create […]

MTN buys Verizon South Africa

South African operator MTN said this week that it has entered into an agreement with Verizon Business, to acquire the US carrier’s South African operation, Verizon Business South Africa. MTN said the transaction is in line with its strategy to provide integrated communications in all of its markets and follows similar acquisitions by MTN subsidiaries […]

Bharti, MTN deal more a merger of equals

Indian operator Bharti Airtel has moved to quash rumours that it is planning to bid for South Africa-based MTN Group. After the Indian firm confirmed that it was in discussion with MTN earlier this month, speculation of an acquisition was rife. However, Bharti has since revealed that the nature of the discussion is more focused […]

MTN deploys WiMAX in Cameroon

Pan-African carrier MTN confirmed it interest in WiMAX on Wednesday, tapping kit vendor Redline Communications to build a 12 city WiMAX network in Cameroon. Christian de Faria, MTN’s vice president for the West and Central Africa Region, confessed his interest in the wireless broadband technology earlier this year, telling telcoms.com that the company was looking […]

Mobile operators to invest $50bn in Sub-Saharan Africa

A group of mobile operators announced a substantial investment drive in the continent’s sub-Saharan region on Monday. The GSM Association revealed that a group of carriers including MTN, Orange, Vodacom and Kuwaiti carrier Zain are to plough more than $50bn into the region over the next five years in a bid to extend mobile coverage […]

Four Nigerian ops win 3G licenses

The Nigerian Communications Commission (NCC) has awarded four 3G licenses. Celtel, Globacom, MTN and long distance operator Alheri Engineering have all been awarded a 10MHz lot of spectrum in the 2GHz band. The regulator expects to receive the licence fees, which were set at a reserve of $150m, within 14 business days.

3GSM Asia: GSMA launches low cost 3G challenge

The GSM Association (GSMA) is inviting handset manufacturers to “submit proposals” to develop a low-cost 3G handset. The handset should, says the Association, be capable of sophisticated applications “that can support advanced services, such as high-speed Internet browsing, mobile TV and instant messaging, while costing significantly less than a low-end 3G handset today”. The 3G […]

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