Tag: Telecoms

MTN Offers $1.5 Billion to Settle Nigeria Fine-Reuters

By InvestAdvocate Lagos (INVESTADVOCATE)-South African telecoms firm, MTN Group has offered $1.5 billion to settle a $3.9 billion fine slammed on it by the Nigerian Communications Commission (NCC) for not complying with the deadline to disconnect unregistered SIM card users, according to a Reuters reporting quoting a document sighted. MTN […]

Jasmine plans to raise up to $2.2 bln in infrastructure fund IPO

Thailand’s Jasmine International Pcl said on Monday it plans to raise about 50-70 billion baht ($1.6-2.2 billion) by listing an infrastructure fund for its broadband Internet business. The initial public offering of the fund is scheduled to be competed by the end of this year and the proceeds will be […]

Market Participation: SEC Board to tap into Power, Oil/Gas, Agric & Telecoms Reforms

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Board of Nigeria’s Securities and Exchange Commission (SEC) has said it will tap into the ongoing reforms in the Power, Oil/Gas, Agriculture and Telecommunications Sectors of the Nigerian Economy in a bid to enlarge the Market and encourage participation. Suleyman Ndanusa, Chairman of SEC […]