Chris Maroleng News

Nigeria open to deal with mobile group MTN over $3.9B fine

Nigeria open to deal with mobile group MTN over $3.9B fine

Nigeria is open to an amicable out-of-court settlement with South Africa’s MTN over a $3.9 billion fine imposed on the cell phone operator, a top regulatory official said on Wednesday.

A man speaks on a mobile phone as he walks past a MTN shop at a shopping mall south of Johannesburg. Reuters/Siphiwe Sibeko

South Africa's MTN seeks to reduce $5.2B Nigeria fine

Africa’s biggest mobile phone operator, MTN Group, is in talks with Nigerian regulators to try to reduce a $5.2 billion fine, two sources familiar with the matter said on Tuesday.

Ebenezer Asante, incoming CEO of MTN Ghana

MTN appoints Ebenezer Asante as Ghana CEO

MTN Group Ltd., Africa’s largest wireless operator, has appointed the head of its Rwanda unit Ebenezer Asante to run the company’s Ghanaian operations, according to a person familiar with the matter.

A pedestrian checks his mobile handset as he passes a giant logo outside the headquarters of MTN Group Ltd. in Johannesburg. Photographer: Nadine Hutton/Bloomberg

American Tower Is Said to Eye MTN's South African Assets

MTN Group Ltd., Africa’s largest wireless carrier, has received interest from American Tower Corp. for at least a part of the network of about 9,000 towers it’s selling in South Africa, according to people familiar with the matter.