MTN Nigeria sets out plan to return to profit
Operator calls on telecoms regulator to raise tariffs to increase revenue
02 May 2024 - 05:00
MTN’s largest business unit has laid out its plans to grow revenue, improve margins and return to profit in an effort to address declines caused by a “very challenging” operating environment characterised by rising inflation and continued naira depreciation.
News of the devastation caused to businesses and consumers by the Nigerian naira’s more than 90% plunge since mid-2023 has spread far...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.