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Phuthuma
Nhleko, former chairman of MTN Group Ltd., who had then replaced Cyril
Ramaphosa, now South Africa’s Vice President, had taken over at MTN in 2002
when the company had just over 5 million mobile subscribers and operations in
six countries
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Phuthuma Nhleko, non-executive
chairman, will replace Sifiso Dabengwa for a maximum of six months, Africa’s
biggest mobile phone company MTN said in a statement. South Africa’s MTN Group
said on Monday its chief executive will resign immediately as the telecoms firm
continued talks with the Nigerian government over a US$5.2 billion fine (₦1.04
trillion).
