MTN Reports 27.9% Jump in Q1 Earnings as Nigeria and Ghana Drive Growth
South Africa’s telecom giant MTN Group has reported a strong start to 2026, with core earnings rising 27.9 per cent in the first quarter, boosted by solid performances in key
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Court dismisses suit against NCC, MTN over tariff hike
The Federal High Court in Abuja has struck out a lawsuit challenging the 50 per cent increase in telecommunications tariffs approved in January 2025, handing a legal victory to the
MTN suspends Xtratime service as new lending rules tighten grip on digital credit
MTN Nigeria has temporarily suspended its popular airtime and data credit service, Xtratime, in response to new regulations governing digital lending in the country. The telecom giant disclosed the decision
MTN FibreX records 100,000 users in Nigeria’s internet market
MTN Nigeria has strengthened its dominance in Nigeria’s fixed wired internet space, with its FibreX service surpassing 100,000 subscribers and capturing nearly 90% of the market. The company’s fibre-to-the-home (FTTH)
MTN shuts down Ayoba app, focuses on unified digital platform
MTN Group has begun shutting down its Ayoba messaging platform across several African markets, marking a strategic pivot toward a more integrated digital ecosystem for its customers. The telecom giant
MTN Group to get 2,762 IHS Towers staff in $2.2 billion deal
MTN Group is set to absorb 2,762 employees from IHS Towers as part of its planned $2.2 billion acquisition of the tower infrastructure firm, marking a significant shift in how
Nigeria becomes MTN Group’s largest profit driver after earnings surge
MTN Nigeria has overtaken MTN South Africa to become the biggest contributor to profits for MTN Group, marking a significant shift in the telecom giant’s earnings structure. The Nigerian subsidiary
MTN, Airtel Earn N3.6trn as Data Usage Hits Record High
Nigeria’s two largest telecom operators, MTN Nigeria and Airtel Nigeria, generated a combined N3.6 trillion from data services in 2025, reflecting a sustained surge in internet consumption across the country.
FG to review MTN’s $6.2bn IHS acquisition over security, market concerns
The Federal Government has announced plans to subject the proposed $6.2 billion acquisition of IHS Holding Limited by MTN Group to a comprehensive regulatory review, citing the strategic importance of
MTN to acquire IHS Towers in $6.2 billion all-cash deal
MTN Group has agreed to acquire IHS Holding Ltd. in a $6.2 billion all-cash transaction, marking one of the largest telecom infrastructure deals involving an African operator in recent years.
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