Bharti Airtel and MTN Group extended their exclusive talks aimed at merging their operations to create the world’s third-largest mobile operator.
The countdown is on in merger talks between India’s top mobile firm Bharti Airtel and MTN to create an emerging market powerhouse.
Bharti Airtel and MTN are expected to extend talks by two to three weeks for a proposed merger, sources familiar with the deal said on Friday.
Consumers hoping Icasa will ease the burden of cell call rates are in for a long haul, writes Lloyd Gedye.
MTN is in talks with a group of lenders to secure a ,5-billion syndicated loan to back its proposed merger with India’s Bharti Airtel.
State Bank of India has offered a loan of up to -billion to Bharti Airtel to partly fund the Indian telecoms firm’s planned stake buy in MTN.
All cellphone SIM cards will have to be registered in terms of legislation that comes into effect on Wednesday.
MTN Group has appointed Nazir Patel as finance director to succeed Rob Nisbet, who is leaving the company, MTN said on Monday.
MTN said on Wednesday its Iran network was working and denied a report it would lose revenue from the country because of blocked cellphone signals.
To 28-year-old Kenyan Mary Wanjiku, her cellphone is not just a cellphone. It is also a cheap, safe and easy way of sending her mother .
Shares in India’s Bharti Airtel flip-flopped on Wednesday morning, after falling more than 10% in the previous two sessions.
MTN and India’s Bharti Airtel have revived merger talks to create a -billion telecoms giant spanning Africa, Asia and the Middle East.
Vandalism, the weather and illegal handsets are just some of the apparent causes of South Africa’s recent cellphone coverage problems.
By downloading FNB Connect software, you can make calls from your computer, cellphone and landline at reduced fees.
Of all the cellular phone operators, MTN is the only one addressing the needs of the corporate sector, writes Barrie Terblanche.
MTN said on Friday a due diligence investigation had been finalised on its plan to sell 5% to 6% of its shares to black investors.
MTN on Monday said it was launching a mobile banking service in 21 African and Middle East countries where there is poor access to traditional banks.
MTN, Africa’s biggest cellphone operator by subscribers, aims to increase customers by a quarter this year and is eyeing acquisitions.
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/ 18 February 2009
MTN — Africa’s biggest mobile company by subscribers — said on Wednesday it will delay its plan to sell 5% to 6% of its shares to black investors.
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/ 16 February 2009
Samsung unveiled the world’s first solar-powered cellphone, "Blue Earth", in front of curious crowds at an industry show in Barcelona on Monday.
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/ 11 February 2009
Côte d’Ivoire has expelled the local head of MTN after he was caught up in an alleged attempt to extort nearly 000 from the company.
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/ 10 February 2009
The costs award against Altech was justified, the Competition Tribunal said on Monday.
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/ 8 February 2009
Lloyd Gedye reports on why 2009 is the year of the internet in SA.
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/ 26 January 2009
The Competition Tribunal has written to Altech CEO Craig Venter demanding that he retract a statement made to a newspaper.
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/ 15 January 2009
MTN and Neotel will build a national long-distance fibre-optic network for between R1,7-billion and R2-billion, it was reported on Thursday.
The Competition Tribunal on Thursday unconditionally approved cellphone operator MTN’s acquisition of a 69,4% stake in Verizon SA.
Cellphone operator MTN said on Thursday that its acquisition of Verizon SA won’t thwart competition.
Altech Technologies, which was granted the right to intervene in the MTN and Verizon merger hearings, has withdrawn its intervention in the matter.
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/ 17 December 2008
Phuthuma Nhleko, CEO of MTN, could receive R300-million from the group’s takeover of a structure that was set up to boost black ownership.
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/ 15 December 2008
SA cellular network operator MTN on Monday announced plans to implement a new BEE transaction during the first half of 2009.
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/ 27 November 2008
MTN doesn’t want me, Vodacom takes me for granted and neither Virgin nor Cell-C are my type. I am switching to pay-as-you-go.
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/ 10 November 2008
South African ICT firm Allied Technologies (Altech) has been granted leave to participate in merger proceedings between MTN Group and Verizon SA.