Africa’s largest mobile network may disconnect from parts of West Africa

Africa’s largest mobile network may disconnect from parts of West Africa

6 years ago
Anonymous $hM_jrxqbr-

https://qz.com/1334103/mtn-reportedly-reviewing-business-in-west-africa/

MTN became Africa’s largest telco by entering markets that had been overlooked. Now, weary after losses and scandals, MTN is reconsidering is apparently reconsidering its presence in West Africa.

The speculation began last week, after MTN announced the sale of its Cyprus unit for just over $305 million to Monaco Telecom. MTN Cyprus was the company’s only presence in Europe, and “falls outside the group’s core footprint of Africa and the Middle East,” MTN said in the sale announcement.

Africa’s largest mobile network may disconnect from parts of West Africa

Jul 23, 2018, 3:52pm UTC
https://qz.com/1334103/mtn-reportedly-reviewing-business-in-west-africa/ > MTN became Africa’s largest telco by entering markets that had been overlooked. Now, weary after losses and scandals, MTN is reconsidering is apparently reconsidering its presence in West Africa. > The speculation began last week, after MTN announced the sale of its Cyprus unit for just over $305 million to Monaco Telecom. MTN Cyprus was the company’s only presence in Europe, and “falls outside the group’s core footprint of Africa and the Middle East,” MTN said in the sale announcement.