MTN says earnings growth supported by markets including Nigeria

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

United States News News

Disposals including minority stakes in two tower joint ventures also help support growth

A general view shows the MTN head office in Lagos, Nigeria, on October 29, 2018. File photo: REUTERS/AFOLABI SOTUNDE

Headline earnings per share increased by between 30% and 50% in 2019, even after a downward adjustment from a change in reporting standards, the Johannesburg-based telecom company said in a statement after the market closed on Tuesday. Disposals including minority stakes in two tower joint ventures for $540m also helped support growth, she said.

 

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 US

United States United States Latest News, United States United States Headlines

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

Market data — February 10 2020Market data including bonds, unit trusts and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »