MTN considers sale of stake in Iran ride-hailing app Snapp
Bloomberg – MTN Group Ltd. is considering selling its stake in Iran’s ride-hailing app Snapp as it trims its e-commerce portfolio and…
Tag Archives: MTN Group
MTN pushes for Iran growth in face of virus, sanctions
Bloomberg – MTN Group Ltd. said its Iranian business is still able to achieve strong sales growth in the short term, even…
MTN Group reiterates no money was given to ex-ambassador to Iran
Reuters – South Africa’s telecom giant MTN Group said on Friday it has consistently denied there is any credible evidence that it…
MTN slumps on return of Iran troubles and surge in net debt
Bloomberg | Loni Prinsloo: MTN Group Ltd. warned that renewed U.S.-led economic sanctions against Iran had once again tied up funds in its second-biggest…
MTN is not leaving Iran
TechRasa– After hearing the news that the South-African Telecom Company, MTN, was negotiating with Iranian authorities and especially the Central Bank of…
MTN Group offers a glimpse of the future for Iran investor relations
Bourse and Bazaar | Esfandyar Batmanghelidj: On August 3rd, the same day that President Rouhani officially launched his second term, South Africa’s…
MTN invests further into Iran
Business Report – The company, which already has an operation in Iran, will make the investment into Iranian Fixed Broadband Provider, Iranian…
MTN extends push into Iranian e-commerce
Money Web– South Africa’s MTN has increased its investment in an Iranian e-commerce business, it said on Monday, without disclosing the size…
South Africa’s MTN Group plans expansion in Iran
Reuters– “The valuation any normal conservative investor will place on the profit stream will come with a big discount,” Sedgwick told Reuters.…
MTN to access $1 bln after easing of Iran sanctions
South African mobile phone operator MTN Group has said easing of sanctions against Iran would allow it to transfer about $1 billion…
Turkcell sues MTN in South Africa for $4.2 billion in Iran damages
(Reuters) – Turkish mobile phone company Turkcell has taken to a South African court its $4.2 billion lawsuit against rival MTN Group,…
S. African delegation visits Iran’s Northern province
TEHRAN (Tasnim) – A South African delegation, led by that country’s ambassador to Iran, arrived in Iran’ northern Mazandaran province on Tuesday…
Turkcell dismisses suit against MTN over Iran license
Turkcell Iletisim Hizmetleri AS (TCELL) withdrew a lawsuit against MTN Group Ltd. (MTN) over bribes MTN allegedly paid to get an Iranian mobile-phone license, citing…
MTN says U.S. ruling a ‘positive’ in Iran suit defence
(Reuters) – The chief executive of South African telecom MTN Group on Thursday hailed a U.S. Supreme Court ruling as a major…
Ericsson’s Iran role under scrutiny
A US lawmaker is raising concerns about Ericsson’s dealings in Iran, claiming that the Swedish telecommunications equipment maker was helping the Iranian state…
MTN says Hoffmann probe clears it of Iran wrongdoing
Feb 1 (Reuters) – An external committee appointed by MTN Group to investigate claims by rival Turkcell of corrupt dealings in Iran has dismissed…
Obama associate got $100000 fee from Iran linked company
By Times live David Plouffe, President Barack Obama’s 2008 presidential campaign manager, accepted a $100,000 speaking fee from an affiliate of a…