Tag: MoMo

Mastercard cuts ties with Binance
News Tech

Mastercard to buy minority stake in MTN’s Momo

Global leader payment solutions provider, Mastercard Inc. has agreed to acquire a minority stake in the fintech unit of MTN Group, valued at $5.2 billion. “Signing of the definitive investment agreements is expected to occur in the very near term,” MTN Chief Executive Officer Ralph Mupita said in a statement on Monday. Over 46 million […]

MTN launches 5G network
Telecommunications

MTN earns N421bn from calls, data in three months

MTN Nigeria Communications PLC made N421.49bn from calls and data in the first quarter of 2022. This is a 20.32 per cent increase from N350.31bn that the telecoms company made from voice and data in the corresponding period of 2021. In its Q1, 2021 announcement, MTN revealed that it made N470.98bn in total revenue in […]