TechCabal
2026-08-11 16:49 UTC
By Phathisani Moyo
USR-0196-20260811-regional-new-383176c0
MTN expects profits to fall up to 30% as Iran investment takes a hit
MTN’s underlying earnings are expected to rise by up to 23%, but a write-down on its Irancell investment, compounded by hyperinflation and foreign exchange losses, is dragging reported earnings lower.
MTN’s underlying earnings are expected to rise by up to 23%, but a write-down on its Irancell investment, compounded by hyperinflation and foreign exchange losses, is dragging reported earnings lower.
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