MTN Group: Irancell’s Moolman ‘heads for Nigeria’

Comment on this story


Africa’s largest wireless operator, MTN Group, had appointed Ferdi Moolman as chief financial officer of its Nigeria operations, said a person familiar with the matter, adding that he would leave his post as chief operating officer of MTN Irancell in Iran shortly. Former Nigeria chief financial officer Andrew Bing left the company last month. MTN spokesman Silvanus Khameli said he could not comment yesterday. Funmilayo Onajide, a spokeswoman for MTN Nigeria, declined to comment. MTN, which owns 49 percent of Irancell, is being sued for a second time by Turkcell, Turkey’s biggest cellphone operator, over the award of a mobile licence in Iran in 2005. In Nigeria, MTN’s 57.2 million subscribers may face higher prices if the government proceeds with a plan to revalue MTN’s phone spectrum and to have conditions such as improving service and infrastructure written into contracts. Shares fell 0.79 percent to close at R225.20 yesterday. – Bloomberg


sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

     

Join us on

IOL-Social networks IOL-Social networks IOL-Social networks IOL-Social networks