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

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...
Loading player...