The group said it expects an increase in earnings per share of between 195% and 205% . Considering the EPS of 148 cents for the corresponding six-month period ended June 2021, this translates to a range of 437 cents to 451 cents for the six-month period ended 30 June 2022.
It anticipates headline earnings per share to increase by between 40% and 50% . Considering the HEPS of 387 cents for the corresponding six-month period ended 30 June 2021, this translates to a range of 542 cents to 581 cents for the six-month period ended 30 June 2022, it said. MTN proposed to pay for the partially state-owned Telkom in shares or a combination of cash and stock, it said in a statement earlier this month. Discussions are at an early stage and there is no certainty the transaction will be completed, it added.
A recent spectrum auction made the continent’s most-industrialized economy even more attractive to operators.