Tag: MTN Nigeria
MTN recoups $7.87 million lost to mobile money glitch as monthly...
MTN Nigeria, one of Nigeria’s largest telecom providers, has recovered over half of the $13.86 million it lost when its Mobile Money service suffered...
MTN Nigeria recorded 5.3 million mobile money wallets in 2023
MTN Nigeria has reported that its MoMo Payment Service Bank (PSB) reached 5.3 million active wallet users on its platform as of December 2023.Â
According...
MTN Nigeria loses US$620.6 million in one week
MTN Nigeria has reportedly posted a significant loss of approximately N982 billion (US$620.6 million) by the close of weekly trading, positioning it as the...
MTN to modernise core networks
MTN South Africa and MTN Nigeria plan to modernise their core network over the next five years after signing a deal with Ericsson for...
Bayobab, MTN Nigeria land 45,000km ‘2Africa’ subsea cable in Lagos
Bayobab, a pan-African digital connectivity solutions provider, has partnered with MTN Nigeria to land a 45,000km subsea cable in Nigeria.
According to a statement from...
Glo settles $1.4 million interconnection fee debt to MTN Nigeria
MTN Nigeria has reportedly agreed to accept Globacom’s $1.4 million interest payment on its interconnect fees—an amount charged by telecom operators for calls terminating...
MTN, IHS Towers fight over transfer of tower deal to ATC...
MTN Nigeria and IHS Towers are fighting because MTN has signed a new deal with America Tower Corporation (ATC) to takeover 2,500 co-location towers...
MTN Nigeria allegedly moves to acquire 9mobile
MTN Nigeria is said to be in talks with 9mobile to acquire its operating spectrum and the entire company.
Media reports from Nigeria indicate that...
MTN Nigeria’s pre-tax profit declines by 75.7%
MTN Nigeria recorded a year-on-year decline of 75.7% in its profit before tax to N32.08 billion (US$40.8 million) in Q3 2023, as compared to...
MTN Nigeria fined $72.5 million for tax default
The Lagos state division of Tax Appeal Tribunal has ordered MTN Nigeria to pay almost $72.6 million in tax default to the Federal Inland...