Global Growth Ahead For MNF Group This story features MNF GROUP LIMITED. For more info SHARE ANALYSIS: MNF MNF Group delivered significant growth in its global wholesale business over the first half with expansion in Singapore an upcoming catalyst -Impressive growth in core telco business -Singapore expansion a key catalyst -Domestic wholesale the soft area
By Eva Brocklehurst MNF Group ((MNF)) has entrenched its lead as a provider of critical voice services for the telecommunications industry, delivering significant growth in global wholesale business over the first half. Canaccord Genuity asserts the strength of the wholesale business was clearly evident in the first half and growth in revenue from this source helped propel operating earnings (EBITDA) growth of 17% despite flat revenue.