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Tag Archives: mtn

MTN ordered to pay UGX 44.2b to URA in two court cases

Kampala, Uganda |  THE INDEPENDENT |  Telecommunications giant MTN Uganda has been ordered to pay Uganda Revenue Authority – URA- 44.2 billion Uganda Shillings in two separate court cases that could forever define how telecoms pay their taxes. In one case, MTN will pay 24.2 billion  Shillings on the dispute on …

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MTN CEO to step down

  Johannesburg. South Africa | THE INDEPENDENT | MTN Group’s president and CEO Rob Shuter will step down in March 2021 at the end of his contract, the company confirmed Wednesday, as it released its financial results  for year ended 31 December 2019. “CEO Rob Shuter will be stepping down from …

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MTN announces $1.6bn Nigeria investment

Abuja, Nigeria | AFP |  South African mobile giant MTN has said it will make investments worth $1.6 billion (1.45 billion euros) in Nigeria as it seeks to put a series of legal wrangles to bed. The telecommunications firm said late Wednesday that its top executives made the announcement during …

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UCC finds poor signal responsible for most network failures

  Kampala, Uganda | THE INDEPENDENT | Uganda Communications Commission has found that poor signal quality was the biggest contributor to network failures among telecom companies in the country. The communications sector regulator carried out the quality of services survey between September 2019 and November 2019 and found that MTN …

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MTN exits tower business in Uganda, Ghana

Kampala, Uganda | THE INDEPENDENT | Africa’s largest telecom firm, MTN, has agreed to sell its towers businesses in Uganda and Ghana as Africa’s biggest mobile phone operator refocuses on high-growth markets on the continent and in the Middle East. Clashes with regulators in Nigeria, Uganda and elsewhere have crimped …

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MTN says Nigeria has withdrawn $2bn tax demand

Lagos, Nigeria | AFP |  Mobile giant MTN has said that Nigeria’s attorney general had withdrawn a demand for around $2 billion in back taxes in the latest step towards resolving its legal woes with the authorities. The South African telecommunications firm has already battled back a string of financial …

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South African regulator orders data costs be reduced

Johannesburg, South Africa | AFP |  South Africa’s competition regulatory authority on Monday revealed that mobile operators have been overcharging for internet connectivity, ordering top operators to drop prices within two months or face prosecution. The high cost of data has in the past stirred public outrage prompting protests under …

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