Media reports inaccurate says MTN
Mobile operator issues statement to rectify reports on its financial year results.
Staff Writer
|
1:40
1:30
Nigeria fine eats into MTN's profits
Mobile operator's Nigeria operation set aside R9.287-million for the fine, negatively impacting EBITDA by 13,6% and HEPS by 402cents.
2:20
Millicom wants more from Africa this year
Telco announces expectation as part of its Q4 and 2015 FY results.
4:40
Business Connexion delivers robust 2013 results; maintains growth momentum in SA and Africa
• Revenue up 5,9% to R6 173,3 million• Operating profit up 17,3% to R322,6 million• Improved operational efficiencies result in low operating expenses increase of 0,5%• Normalised diluted HEPS of 52,6 cents per share (2012: 50.6 cents per share)• Strong cash flows from operations of R527,7 million• Dividend of 20 cents per share declared
1:30
Data usage boosts Vodacom's profits
The telco says group data revenue growth was 29% for the six months ended 30 September 2013.
1:10
SecureData to sell European unit
The cash will be used to settle a loan in its Africa unit, which has battled with poor results.
1:20
Africa aids Pinnacle growth
The distributor aims to open more African offices on the back of a good period in Botswana.
1:20
MTN to add 20m subscribers
Nigeria and Iran will be the largest contributors to growth in subscriber numbers this year.
1:40
Morvest diversifies with online portal
The company aims to diversify as it comes under margin pressure in local sectors.
1:10
Metrofile to spend R58m on capex
The company is expanding its capacity and will continue to move into Africa.