MTN CEO Rob Shuter announced at AfricaCom that the group has acquired music-streaming company, Simfy.

MTN CEO Rob Shuter tells AfricaCom that the group will re-launch the service in SA in the first quarter of 2019, and will then extend Mobile Money to Nigeria.

The group added 2.5 million new subscribers in the third quarter, boosted by strong performances in Nigeria and Ghana, while MTN SA lost customers.

CEO Rob Shuter says the company is struggling to increase data adoption among its users.

MTN chief Rob Shuter believes the company is going to be able to make its case to Nigerian authorities.

MTN's plan to list its Nigerian unit this year is under threat after the central bank ordered it to hand over $8.1 billion allegedly sent abroad illegally.

The company reports revenue growth, driven by voice and the expansion of data and digital services.

The 21 Days of Y'ello Care programme runs from 1 to 21 June, as employees lend a hand to contribute to this year's focus area, youth empowerment.

The telco says a planned listing in Ghana is expected to launch in late May, while it has come to an agreement over a fees dispute in Benin.

MTN added almost 4.1 million new group subscriber in the first quarter of 2018, but saw subscribers decline year-on-year.

The company has confirmed its support of the Youth Employment Service and has committed to the creation of 1 000 jobs within the first year of the YES initiative.

Nigerian investment firm, Chapel Hill Denham, will reportedly act as lead manager for MTN Nigeria's initial public offering later this year.