WATCH: How the Cell C write-off affected MTN
MTN group CEO Rob Shuter talks to Business Day TV about the company’s interim results and the pressure it faces in SA
MTN faces headwinds in Nigeria, but growth in the region has helped cushion the company from slowing growth in its domestic market, where earnings were hit by a Cell-C write-off and the loss of almost 2-million subscribers.
Adjusted headline earnings grew 12% and a dividend of R1.95 has been declared, an increase of more than 11%. ..