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Internet outages are contributing to Africa’s low speeds, with users reporting 46,810 incidents for Vodacom and 34,882 for MTN in the second quarter of 2022.
MTN Group, Africa’s largest mobile network operator, today announces the signing of a strategic partnership agreement with Dooka, one Africa’s first business-to-business (B2B) marketplace to automate the sourcing process of MTN’s long tail of indirect local spending. The partnership promises a shift in corporate procurement on the continent, bringing the ease of consumer marketplace buying […]
MTN Group Chief Executive Officer, Ralph Mupita, has said that the Nigerian arm represented approximately 40 per cent of the value of MTN Group, and as such its achievements were key to the success of the Group.
MTN Group, Africa’s largest mobile network operator, today announces the signing of a strategic partnership agreement with Dooka, Africa’s first business-to-business (B2B) marketplace to automate the sourcing process of MTN’s long tail of indirect local spending.
Following on from strong first half 2022 results, MTN Group today announces the further deleveraging of the balance sheet with the early settlement of US$300 million in eurobonds with a 2024 maturity date. This brings MTN’s dollar-denominated debt down to 35% of total holding company (Holdco) debt on a H1 2022 proforma basis.