NCC clears transfer of Visafone to MTN Nigeria but not spectrum licence
The Nigerian Communications Commission (NCC) has given the green light for the transfer of Nigerian CDMA operator Visafone to MTN’s Nigerian unit, but ...
Tag: MTN
MTN raises US$1bn from dual-tranche bond offering for capex
South African telecoms giant MTN has raised US$1bn through the pricing of a dual tranche of US$500m five-year and US$500m 10-year notes. Proceeds ...
MTN seeks US$1bn from dual-tranche bond offering
South African telecoms giant MTN reportedly aims to raise more than US$1bn from the sale of two bonds in its first ...
Blue Label to spend R5.5bn on 45% stake in debt-burdened Cell C
South Africa’s Blue Label Telecoms will buy a 45% stake in local mobile operator Cell C for R5.5bn (US$400m) and help reduce its debt ...
MTN mulls selling shares in Ghana subsidiary to secure spectrum
South African telecoms giant MTN is reportedly considering selling a 35% stake in its Ghanaian unit and is approaching local wealthy individuals. ...
MTN raises US$1.33bn loans to improve debt maturity structure
South Africa-based MTN Group has entered three into loan agreements with local and international banks as well as financial institutions in an aggregate ...
MTN looking for funds to pay Nigerian fine
South Africa-based MTN Group is reportedly considering issuing a bond as it looks for money to fund dividend payments and capital expenditure, ...
MTN launches R9.9bn empowerment scheme to boost internet bid
South Africa-based MTN Group will sell a 4% stake worth R9.9bn (US$727m) to investors of African descent to meet government quotas on ...
MTN Nigeria picks Citigroup, Stanbic for listing
MTN Group’s Nigerian unit has said its listing on the local stock exchange will likely take place in 2017, as soon ...
MTN appoints Kholekile Ndamase as deputy head of M&A
South Africa-based MTN Group has appointed Kholekile Ndamase as deputy head of mergers and acquisitions, effective 10 September. Ndamase joins MTN from Rand Merchant Bank, where he ...
