MTN Breaks 300M Users, Gijima Fights court Appeal, G20, and Brace for Record Black Friday Sales
In this week's tech news roundup on ITWeb, MTN surpassed 300 million subscribers, strengthening its lead in Africa’s mobile market. Meanwhile, Gijima pushed back against Transnet’s appeal over the R1.5 billion contract ruling, expressing confidence that the challenge will fail. In addition, WeBuyCars reported strong financial growth and increased use of AI-driven tools, although demand for electric vehicles remains slow. At the same time, online retailers are gearing up for record-breaking activity from Black Friday to Cyber Monday, with tech products expected to dominate sales. Finally, South Africa’s upcoming hosting of the G20 Leaders’ Summit is earning praise from local tech firms, who believe it will boost innovation visibility, investment prospects, and digital trade opportunities. Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #
Even as MTN exceeds 300 million subscribers in the third quarter, investors push its shares down.
The local operation adds 1.4?million subscribers to its base off the back of prepaid offers.
Expects to add 18m subscribers, despite political unrest in some of the countries in which it operates.
Africa's largest cellular company grows its subscriber numbers, despite the SIM card registration law.
The company loses almost 5% of its local subscriber base, and blames the new legislation.
New subscribers bolster the group, but falling average revenue per user means they are not spending more.
The operator increased subscribers by 11% in the three months to April.
MTN has boosted its subscriber base by 37% during the quarter.
MTN aims to add eight million subscribers to its base by December.