South Africa’s MTN Group has said it will sell its 20% shareholding in Belgacom International Carrier Services SA (BICS).
Investors have experienced a couple of twists and turn since the stock debuted in New York.
The MTN Group is in advanced talks to sell its stake in MTN Syria to the minority shareholder.
MTN has been trying to dispose of its non-core assets to minimize debt and open new markets.
Mobile money transfers have been instrumental in helping to curtail the spread of the highly-contagious COVID-19.
The 20-paged report was unveiled during a webinar that was organised by The Economist Intelligence Unit.
Some Washington based law firms filed the new amended complaint, as they alleged MTN’s “conduct targeted the United States”...
MTN has announced the sale of R14 billion worth of assets in 2019, as asset sales are expected to be finalized in the first quarter of...
MTN Group has dropped its plan to sell 53% of its equity stake in Mascom Wireless Botswana.
South African telco giant, MTN Group has raised about $140.24 million from its asset sales in the first of this year (2019).