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MTN Group is planning price increases in certain markets, as Africa’s largest wireless carrier battles with inflationary pressures on the continent. The telecom company, which operates across 19 countries including South Africa, Nigeria and Ghana, said Thursday in a trading update, it will continue to talk to regulators over the…
MTN Group, which has presence in several African telecom markets, has revealed its 5G focus, Capex, ARPU, revenue growth
Ukraine war and Covid-related debt have fuelled inflation in Africa.
Units in Libya, Guinea-Bissau, and Guinea-Conakry could be sold
The companies are negotiating on prices for MTN’s assets in Liberia, Guinea-Bissau and Guinea-Conakry, said the people, who asked not to be identified as the information is private. The deal has not been finalised, and there is no guarantee that a transaction will go ahead, they said.