MTN Group shakes up board with five new directors

MTN Group shakes up board with five new directors

MTN Group has announced a significant overhaul of its board of directors, appointing five independent non-executive directors as part of what it described as comprehensive succession planning. The appointments, effective 31 March 2026, include Herman Bosman, Adv Ouma Rasethaba, Stephane Richard, Ignatius Sehoole and Saf Yeboah-Amankwah. Bosman is the chairman of MTN Group Fintech and…

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MTN invests in AI network start-up alongside Nvidia

MTN invests in AI network start-up alongside Nvidia

Mazen Mroué, CEO of MTN Digital Infrastructure MTN Group’s digital infrastructure arm has joined a US$45-million funding round in ORAN Development Company (ODC), a US-based start-up building AI-native radio access network technology, alongside Nvidia, Cisco, Nokia, AT&T and Telecom Italia. The series-A round, announced on Thursday, positions ODC to develop software that would transform conventional…

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MTN warns AI boom is driving up chip costs

MTN warns AI boom is driving up chip costs

Increasing chip costs are starting to affect SIM cards. (Graphic by Nicola Mawson, with images from Freepik) JSE-listed MTN says it hasn’t seen the effects of a shortage of computing components due to the rapid growth of the artificial intelligence (AI) industry’s demand for chipsets – yet. AI companies’ ramp-up of data centres to cater…

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West Africa delivers big for MTN Group

West Africa delivers big for MTN Group

MTN Group CEO Ralph Mupita MTN Group has reported a sharp recovery in earnings for the year to December 2025, swinging from a loss to a profit as a dramatic turnaround in Nigeria and strong growth in Ghana drove a 67% increase in adjusted headline earnings per share. Group service revenue rose 22.7% in constant…

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MTN appoints Mutooni as group investor relations exec

MTN appoints Mutooni as group investor relations exec

MTN Group has appointed Roy Mutooni as new executive of group investor relations. MTN Group has appointed Roy Mutooni as new executive of group investor relations, effective 1 April. In a statement, the company says Mutooni brings to MTN more than 20 years of experience in equity research, portfolio management, and value-based strategy across African…

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MTN initiates share buyback programme

MTN initiates share buyback programme

MTN Group plans to buy back between 1.7% and 2% of its shares, amounting to some R6-billion, over the next three years. Speaking at the company’s investor presentation following the release of its annual results for the year ended 31 December 2025 on Monday, MTN Group CEO Ralph Mupita said the programme is part of…

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MTN in push to formalise exit from Syria

MTN in push to formalise exit from Syria

MTN Group CEO Ralph Mupita and Abdulsalam Haykal, Syria’s minister of communications and IT, at MWC. (Image supplied by MTN) MTN Group has moved to formalise its exit from the Middle Eastern country of Syria. In a statement today, the South African-based telecommunications giant says MTN Group president and CEO Ralph Mupita met with Syrian…

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MTN mmWave trials show promise for extending 5G broadband reach

MTN mmWave trials show promise for extending 5G broadband reach

MTN South Africa’s Zoltan Miklos MTN South Africa and US-based Pivotal Commware have completed joint field trials showing how 5G millimetre-wave (mmWave) repeater technology can significantly expand broadband reach for fixed-wireless access customers. The trials, initiated in 2024, tested Pivotal’s “Pivot” 5G repeaters at three locations in Vanderbijlpark in Gauteng and Seshego in Limpopo. The…

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