More than a million for Mobile Money

Mobile Money, a cell phone-based bank account powered by MTN South Africa, has opened more than 1-million accounts and processed more than R1-billion in transactions in its first nine months of operations. Mobile Money is powered by MTN and operated by TYME, a...

MTN’s Mahala promotion comes to an end

MTN’s 50% Mahala Airtime promotion may have come to an end on 31 August, but the company has reassured customers that free airtime received during the promotion will not expire. On 2 June 2013, MTN launched 50% Mahala airtime promotion for PayAsYouGo and TopUp...

MTN adds subscribers, data grows

MTN has increased its subscribers by 6,5%, to 201,5-million, during the six months ended 30 June. Reported revenue for the six months increased 9,8%, despite being negatively impacted by the tariff cuts in both Nigeria and South Africa. MTN Nigeria continued to show...

MTN expects earnings increase

MTN has issued a trading statement, alerting shareholders to the likelihood of increased earnings for the six months ended 30 June 2013. The company expects an increase of between 20% and 25% in headline earnings per share (HEPS) for the six months ended 30 June 2013...

MTN group CFO resigns

MTN’s group chief financial officer (CFO) Nazir Patel has resigned with immediate effect. The reason for his resignation, according to Patel, is that he does not wish his continued employment to prejudice MTN regarding allegations made against him, which are subject...