Thursday, 22 June 2017

MTN full-year profit tumbles

By Nick Wood, Total Telecom
Friday 04 March 16

Weak economy, fierce competition, Nigeria fine take their toll on South Africa-based telco's results.

MTN this week reported lower full-year revenue and a 37% decline in profit. In a statement, the South Africa-based telco group attributed the lacklustre performance to a "challenging operating environment" characterised by weak macro-economic conditions, increased competition…

MTN this week reported lower full-year revenue and a 37% decline in profit. In a statement, the South Africa-based telco group attributed the lacklustre performance to a "challenging operating environment" characterised by weak macro-economic conditions, increased competition…

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