Thursday, September 13, 2018

Tag "Rob Shuter"

    MTN: Africa is not ready for super fast 5G network

MTN: Africa is not ready for super fast 5G network

Rob Shuter, MTN's chief executive officer, says Africa is not ready for 5G network adding that most phones in Africa worked fine on just 3GSpeaking at a telecoms conference in Durban on Tuesday, Shuter said Africa is likely to be ready for the super-fast technology in about five years from now.5G networks, now in the final testing stage, will rely on [...]

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    MTN: If conditions are right, we’ll list on NSE in 2018

MTN: If conditions are right, we’ll list on NSE in 2018

Rob Shuter, the chief executive officer of MTN, says the company will list on the Nigerian Stock Exchange in 2018 if the conditions are appropriate.Shuter made this known on Tuesday while speaking in Lagos after signing a partnership on mobile banking with Ecobank.Listing on the NSE  had been one of the conditions stipulated by the Nigerian Communications Commission (NCC) after MTN [...]

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    After turbulence, MTN records significant profit

After turbulence, MTN records significant profit

MTN Group, South African telecommunications company, says it has recovered from the losses suffered in 2016 and recorded profit in the first half of 2017.In 2016, the company recorded its first loss in its 22 years existence and blamed the N330 billion regulatory fine imposed on it by the federal government for the loss.The Nigeria Communication Commission (NCC) imposed the fine [...]

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    MTN Nigeria revenue jumps by 11.6% despite drop in customers

MTN Nigeria revenue jumps by 11.6% despite drop in customers

Despite a 2.3 percent decline in MTN Nigeria subscriber base, the company's revenue has increased by 11.6 percent in the first quarter of 2017.MTN Nigeria says it "had a strong start to the year with an 11.6% increase in total revenue, supported by a 71.3% boost in data revenue".It adds that while the momentum is encouraging, the ongoing review of [...]

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Exchange Rates

September 12, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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