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As many as 400 jobs may be on the line at MTN South Africa, sources close to the company say, as the telecommunications operator moves to cut costs in a market that has become significantly more competitive. MTN is considering a number of options as it looks to reduce costs

The latest financial results from JSE-listed Blue Label Telecoms, for the year ended May 2014, provide insight into just how challenging telecommunications operator MTN is finding the intensified levels of competition in South Africa’s mobile market