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MTN Group reports a strong set of results as the telecoms giant recovers.

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MTN has lifted its medium-term guidance after reporting a powerful set of results for the six months to June. The group’s EBITDA surged 60.6% to R46.65bn, headline earnings swung to 645c per share from a loss last year, and service revenue jumped 23.2% to R105.1bn.

Ralph Mupita, MTN Group President & CEO, unpacks how stabilising macro conditions, stronger subscriber growth, booming data and fintech revenues, and recovery in Nigeria and Ghana are fuelling MTN’s momentum.

18 Aug 4PM English South Africa Business News · Investing

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