BREAKING: MTN exits popular African country sells subsidiary to government

Nigerian Agency NCC Approves Disconnection Of Exchange Telecoms From MTN Company Network – HEARD VOICE NEWS ONLINE

MTN Group has sold its subsidiary in the Republic of Guinea to the government. In a statement on Thursday, the telecommunications company (telco) said the sale was concluded on December 30, 2024. MTN said the transaction aligns with its focus on portfolio optimisation and simplification, as part of the ‘Ambition 2025’ strategy....Read Full Article >>➤

Commenting on the sale of the business, Ralph Mupita, MTN Group president and chief executive officer (CEO), said the development marked its final exit from the market. “This milestone marks a new phase for MTN Guinea-Conakry under local ownership, and MTN thanks the staff, customers, regulators and run. A manhunt has been launched to apprehend the fugitives.

Of the 15 detainees in custody at the time, 13 escaped, while the officer himself fled the scene after releasing them.

The incident has sparked widespread reactions, with some drawing parallels to a similar occurrence in 1997.

Former presidential spokesperson and lawyer Dickson Jere commented on Facebook, calling the situation “comical” but recalling the time when the late Judge Kabazo Chanda ordered the release of 53 detainees, citing the injustice of their prolonged detention without trial.

Authorities have assured the public that they are taking the matter seriously, with investigations underway to locate the escaped suspects and hold Detective Phiri accountable.

...Read Full Article >>➤

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