MTN profits tank due to Nigeria currency drop

Posted on March 26, 2024 by Guest authors

MTN Group reported a plunge in profits and highlighted currency volatility in Nigeria and inflation as key challenges to tackle this year and expects those headwinds to persist this year.

Posted in Operators

Previous: The Days of Noah, Megaliths, and the Interdimensional Hypothesis

Next: Nigeria calls for united action on cable damage at WATRA meeting

Operators

Veon sells stake in Kazakhstan wholesale JV TNS+ for US$137.5m

Guest authors
May 29, 2024
0

Global digital operator Veon announced on Tuesday that it has struck a deal to sell off its minority stake in Kazakh wholesale telecoms infrastructure services provider TNS+ to focus on its mobile operation, Beeline Kazakhstan.

Operators

Orange MEA eyes majority stake in Ethio Telecom

Guest authors
March 21, 2024
0

Orange Middle East and Africa CEO Jerome Henique (pictured) has left the door open for an eventual entry into the Ethiopian market, despite recently dropping negotiations with the government to acquire a stake in state-incumbent Ethio Telecom last year…

Operators

Axian Telecom poaches MTN executive as new boss

Guest authors
August 9, 2024
0

Pan-African operator group Axian Telecom poached MTN Nigeria COO Hassan Jaber (pictured) as its new group CEO, as the challenger operator continues to compete on the continent.

Related Posts

Veon sells stake in Kazakhstan wholesale JV TNS+ for US$137.5m

Orange MEA eyes majority stake in Ethio Telecom

Axian Telecom poaches MTN executive as new boss

Leave a Reply Cancel reply