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Teleology, led by former MTN Nigeria CEO, exits 9mobileThe company, led by Adrian Wood, has pulled out just weeks after a $301m takeover of the firm and after disagreements with shareholders
Source: BDliveSA - 🏆 12. / 63 Read more »
MTN has paid R738m to settle Nigeria dispute | IOL Business ReportThe company’s row with the Nigerian Central Bank over historic dividend repatriations ended last month. Until the next one comes. When will MTN ever learn from its mistakes? MTN is loaded mos Nigerian Ministers right now
Source: IOL - 🏆 46. / 51 Read more »
MTN has paid $53m to settle Nigeria dispute - central bankThe central bank had ordered MTN and its lenders to bring back a total of $8.1 billion it alleged the company had illegally repatriated using improperly issued paperwork between 2007 and 2008. Thats why they're bloody data costs are so high... This is why SA customers are charged exorbitant prices because they have to pay for scandals done abroad MTNza
Source: ewnupdates - 🏆 30. / 53 Read more »
TIM COHEN: Is MTN a ‘screaming buy’ or a shorting opportunity?Analysts differ widely on the prospects of the telecommunications company tim_cohen Depends on if you think Nigeria will try to extort more cash from them again . The mass graveyard of corporate pushes into Nigeria are a glaring warning . tim_cohen The latter.
Source: BDliveSA - 🏆 12. / 63 Read more »