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Browsing: MTN
MTN Group is selling its Afghanistan business to Beirut-based M1 New Ventures for $35-million.
MTN Group’s third quarter pre-tax profit rose 14.7% year on year, supported by demand for its data and financial services.
MTN Group’s latest quarterly results show that its South African operation has taken market share from rivals, it said on Friday.
Once Telkom has concluded its deliberations with Rain, it’s possible – likely even – that the company will be back at MTN’s door.
Following the collapse of discussions between MTN and Telkom, Rain said it remains engaged with Telkom about a possible deal.
MTN Group has walked away from talks to acquire Telkom, sending the partially state-owned operator’s shares crashing.
Shares in Telkom plummeted more than 10% on Friday after a report suggested talks with rival MTN Group about a takeover had stalled.
MTN Group’s talks to buy Telkom have stalled following a rival deal proposal from Rain, people familiar with the matter said.
A Safaricom-led investor group, which includes Vodacom, has launched mobile services in Ethiopia after securing an operating licence from the government.