MTN hanging on in Iran despite sanctions and Covid-19
Market turmoil hammers the company’s share price down another 12.75%
18 March 2020 - 18:48
MTN Group says its Iranian business is still able to achieve strong sales growth in the short term, even as the unit battles to overcome US sanctions and the rapid spread of the coronavirus.
Africa’s largest wireless carrier is finding it tough to take money out of its second-biggest market by subscribers due to measures reimposed by US President Donald Trump, according to CFO Ralph Mupita...
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