MTN Group is a major telecommunications provider in Africa, known for its mobile network services and innovative partnerships to enhance connectivity.
Vodacom International Gets new CEO, Mohamed Abdallah
Mohamed Abdallah has been appointed as the new CEO of Vodacom's International Markets and Vodafone Egypt, effective June 3, 2025. Abdallah has been with Vodafone Egypt since 1998 and has held various leadership roles.
Airtel Africa defies devaluations, posts $328M profit in FY ’25
Airtel Africa reported a profit of $328 million for the full year ended March 31, 2025. The company experienced a slight revenue dip of 0.5% to $4.95 billion due to currency devaluations.
Joy is coming for MTN shareholders
MTN Nigeria incurred negative shareholder equity of ₦324.6 billion, stalling dividend payments. The company reported net forex losses of ₦740.4 billion in 2023 and ₦925.4 billion in 2024.
MTN discloses cyberattack impacting customer data in select markets
MTN Group detected malware on its systems during a cyberattack on April 19, 2025. The breach has impacted customer data in select markets, including Nigeria.
US tariffs could derail Africa’s telecom growth, MTN CEO warns
MTN Group's CEO Ralph Mupita warns that new US tariffs on technology imports could impact Africa's telecom sector. The company spends around $2 billion annually on network infrastructure, which may be threatened by rising equipment costs.
