MTN: up 144% in a year, and still a buy

A ripper 2021 sees MTN cash-rich and brimming with growth options in fintech and fibre.

The tail end of MTN’s recovery sure looks better than the start — and a five-year plan has helped scrub much of the dirt from its misadventures in places such as Nigeria.

Now the focus for Africa’s largest mobile operator is on eking out value that management says is trapped in its sprawling R384.2bn structure...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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