MTN Sees About 90% Increase In 2018 Profit

MTN Nigeria

Africa’s biggest mobile phone operator MTN Group expects to increase profits by as much as 90 percent in 2018, as the company continues to recover from a regulatory fine in Nigeria.

Founded with the South African government’s help after the end of apartheid in 1994, MTN is touted as one of South Africa’s biggest corporate success stories, but clashes with regulators have distracted management and crimped growth.

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