Share windfall for MTN's top brass
A group of senior employees accept the shares, which have a three-year vesting period and are subject to performance conditions.
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A group of senior employees accept the shares, which have a three-year vesting period and are subject to performance conditions.
MTN Group is considering its legal options after being ordered to pay $72.6 million in back taxes.
The additional spectrum will enable MTN Nigeria to enhance network capacity and improve customer experience, says the telco.
MTN has added 1.1 million cellphone users in its biggest market, taking the total to 76.7 million people in the quarter ended March 2023. But the cellphone operator lamented the shortages of fuel and cash as contributing to stunted revenue growth.
Karl Toriola is the CEO of MTN Nigeria.