MTN shares have fully recovered from Nigerian curve balls but work remains
Next big challenge is the potential loss of revenue from legislated lower data prices in SA
06 June 2019 - 23:12
As the rally in MTN shares continues to gain steam, analysts caution that the company is not out of the woods yet because of its continued battles in Nigeria, geopolitical tensions in Iran and network expansion.
The operator’s share price has fully recovered from the steep losses incurred in the second half of 2018, when Nigerian authorities shocked the mobile operator with hefty demands...
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