Financial Tribune - South Africas MTN, which has been prevented by US sanctions from repatriating profits from its Irancell partnership, is reinvesting its profits in Iran, the MTN-Irancell CEO said.
Bijan Abbasi Arand was speaking on Monday during an event held in Tehran on the occasion of the 13th anniversary of the firms launch of mobile services ...
Financial Tribune - Major mobile operators MTN-Irancell and Mobile Telecommunications Company of Iran (MCI) have revised their pricing procedures making Internet services a bit costlier.
Operators usually offered special packages which enabled users to access Internet at relatively low rates. Now they have deleted the affordable packages in a manner ...
Bloomberg |Loni Prinsloo: MTN Group Ltd.s $750 million plan to extend fiber home broadband connections to Iranian cities has been put on hold because of looming economic sanctions imposed by U.S. President Donald Trump, according to people familiar with the matter.
A plan devised a year ago for Africas largest wireless carrier to buy a stake ...
Financial Tribune - South Africas MTN has halted collaborations with Iranian fiber optic network service provider Iranian Net.
According to Irans Communication Regulatory Authority chief Hossein Fallah, The foreign firm [MTN] has failed to invest in Iranian Net [as agreed in an earlier deal].
Bourse and Bazaar | Esfandyar Batmanghelidj: Spanish football league LaLiga held a three-day football clinic in Tehran in late February, welcoming 90 children for a day of coaching and friendly competition at the Olympic Football Complex.
LaLiga, Spains highest division, is one of the most-watched leagues in the world, and is home to rockstar teams ...
Turkcell Iletisim Hizmetleri AS (TCELL)withdrew a lawsuit againstMTN Group Ltd. (MTN)over bribes MTN allegedly paid to get an Iranian mobile-phone license, citing aSupreme Courtdecision that bars such cases in theU.S.
Turkcell, based in Istanbul, told U.S. District JudgeReggie Waltonin a court filing today in Washington that it would drop the ...
(Reuters) - The chief executive of South African telecom MTN Group on Thursday hailed a U.S. Supreme Court ruling as a major boost to its defence against a $4.2 billion lawsuit from rival Turkcell.
"It's definitely a positive for our case," Sifiso Dabengwa told Reuters in a telephone interview on Thursday.
Turkcell is suing MTN, Africa's biggest ...
Feb 1 (Reuters) - An external committee appointed by MTN Group to investigate claims by rival Turkcell of corrupt dealings inIranhas dismissed the allegations as "a fabric of lies, distortions and inventions".
The investigation, chaired by a retired British judge, also cleared the African mobile phone giant of charges it promised to get the South ...
South Africas ambassador to the US, Ebrahim Rasool, is batting very ably for MTN to prevent it falling foul of the USs very tough and far-reaching sanctions against Iran and those who do business with it.
Rasool, according to diplomatic sources, has twice managed to dissuade the US government from naming MTN in recent proclamations listing entities ...