MTN eyes R270bn in three years through Sanlam partnership
The mobile operator has identified an opportunity for R90bn in revenue per annum over the next three years across its markets
09 July 2019 - 19:48
Africa's largest mobile operator, MTN, is eyeing R270bn in revenue in the next three years through a plan to offer life insurance products in partnership with Sanlam, the JSE’s biggest insurer by market capitalisation.
The two listed companies said on Tuesday they will be working together to target people who do not have insurance as MTN tries to grow its financial services revenue and Sanlam looks to expand into Africa. ..
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