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Tag: mtn
Product Launch - PepsiCo's Mtn Dew Black Label
2015-09-22 14:38:00| Daily beverage news and comment - from just-drinks.com
PepsiCo is adding to its cane sugar US portfolio with the launch of Mtn Dew Black Label.
Tags: product
black
label
launch
MTN Nigeria buys DTT broadcasting licence
2015-09-16 18:40:17| Digital TV News
According to Nigeria's National Broadcasting Commission, South Africa's MTN has bought a licence to provide pay TV in the country for 34 billion Naira. MTN Nigeria will use part of the 700MHz frequency band to provide digital broadcasting services.
Tags: nigeria
licence
broadcasting
buys
MTN Irancell bags TD-LTE licence
2015-09-02 02:00:00| Total Telecom industry news
Iranian telco signs MoU paving the way for mobile number portability.
Tags: bags
licence
mtn
irancell
Liquid Telecom, MTN in business services deal
2015-08-25 02:00:00| Total Telecom industry news
African operators announce partnership covering wholesale, carrier, enterprise and fixed services.
Tags: services
business
deal
liquid
MTN Group H1 revenue falls 4.9% to ZAR 69.2 bln
2015-08-05 12:49:00| Telecompaper Headlines
(Telecompaper) MTN Group reported a 4.9 percent decrease in revenues for the first half to ZAR 69.2 billion, hurt by negative currency effects. Despite the negative currency effects, the group continued to benefit from increased demand for data services, increasing data revenue by 21.3 percent. This followed an 87 percent annual increase in data traffic as well as encouraging growth in digital and mobile financial services, MTN said. EBITDA decreased 10.1 percent to ZAR 30.3 billion, and the EBITDA margin declined by 2.6 percentage points to 43.7 percent, mainly as a result of lower revenue and weaker local currencies impacting costs. The sale and lease back of towers, which were largely earnings neutral due to lower depreciation costs, were also a drag on the EBITDA margin. However, good progress in transforming the operating model, maintaining cost growth below inflation and optimising resources partly offset the decline in margin. Headline earnings decreased 10.3 percent to ZAR 6.54, in line with the mobile operator's earlier trading update. MTN said the results reflect a challenging operating environment and lower-than-expected performance in parts of the business.
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