News Formal

MTN’s sale of Middle East business expected to boost 5G rollout in Africa

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Nigeria News News

Mobile operator to sell its operations in Syria, Afghanistan, Iran and Yemen

As MTN recovers from an almost two-thirds loss in value on the JSE in 2020, analysts expect the sale of the group’s Middle East operations and noncore businesses to boost its 5G rollout in its operations in Africa.

Africa’s largest mobile operator, which operates in 21 countries, launched its first commercial 5G services in SA at the end of June, using recently allocated spectrum.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: Jumia Sees Startup Rivals Competing for Africa Online SalesJumia Technologies AG is facing fresh competition from startups in the African e-commerce and logistics market after the Covid-19 pandemic increased demand for online deliveries.
Source: dailymaverick - 🏆 3. / 84 Read more »