MTN has announced that it is exiting Guinea-Bissau and Guinea-Conakry in a bid to leave some markets in West Africa. (Supplied)
MTN has announced that it is exiting Guinea-Bissau and Guinea-Conakry in a bid to leave some markets in West Africa. But the telecoms giant can’t make a similar escape from Nigeria, which has dealt the company a costly currency-related hit.
Africa’s largest network operator by subscriber base released its annual results for 2023 earlier this week, reporting a slump in earnings as it suffered a blow from Nigerian naira’s…