MTN Group would exit its minority stake in Iran if sanctions made it possible to do so, CEO Ralph Mupita has said.
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MTN Group has disclosed that it is now the subject of a grand jury investigation by the US department of justice.
Turkcell has filed papers at South Africa’s constitutional court in its long-running battle against MTN Group.
Mobile operator MTN saw subscriber numbers in SA grow by 3,2% in the quarter ended 31 March 2012, although there was a decline in average revenue per user (Arpu) in both the prepaid and postpaid markets. The group as a whole reported subscriber growth of 3,7% for the quarter. The group recorded