Market Wrap - MTN's domestic business hurt by Cell C write-off of R211M

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Despite MTN facing headwinds in Nigeria, continued growth in the region has helped cushion the company from slowing growth in its domestic market where earnings were hit by a Cell-C write down and the loss of close to 2 million subscribers. Overall, adjusted headline earnings grew 12% and a dividend of R1.95 has been declared reflecting an increase of over 11%.

Business Day TV caught up with Rob Shuter, Group CEO of MTN us to discuss the kind of pressure its facing in SA, and how its being offset...
8 Aug 2019 2AM English South Africa Business · Business News

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