MTN Group says it will exit the Middle East in the medium term, starting with the sale of its 75 per cent stake in MTN Syria as part of plans to focus on Africa.
As reported by Reuters News on Thursday, MTN is in advanced talks to sell the stake in MTN Syria to TeleInvest, which holds the other 25 per cent of the business.
The company reported headline earnings per share, which more than doubled in the first half to 430 cents, beating analyst estimates of 271 cents.
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