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MTN Group is in advanced talks with Axian Group to sell some of its West African markets, according to people familiar with the matter, as Africa’s largest mobile operator trims its portfolio. The two companies are negotiating on prices for MTN’s assets in Liberia, Guinea-Bissau and Guinea-Conakry, said the sources,…
Despite reduced economic activity in SA, the telephony group’s fintech businesses record 17% growth in Q1 2023.
The telephony group’s African super app now has more than 25 million active monthly users, up from 20 million in December.
MTN Group is in advanced talks with Axian Group to sell some of its West African markets, sources say.
MTN Group Limited (OTCMKTS:MTNOY – Get Rating) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $6.05 and last traded at $6.16, with a volume of 22367 shares. The stock had previously closed at $6.39. MTN Group Price Performance The business’s 50-day moving average price is […]