MTN CEO Rob Shuter talks to Business Day TV about the group’s performance
MTN plans to exit the Middle East in the next three to five years as the group looks to sharpen its focus on its pan-African strategy.for his perspective on the group’s performance and strategy shift.
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WATCH: How MTN plans to focus on its pan-African strategyMTN CEO Rob Shuter talks to Business Day TV about the group’s performance
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MTN to exit Middle East to focus on AfricaOperations from the region contribute about 4% to earnings, with the mobile operator saying profits doubled in its half-year to end-June
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MTN to exit Middle East to focus on AfricaMTN's entry into the region has been marred by allegations, which it has denied, that it used bribes to win a 15 year operating licence in Iran and also that it aided militant groups in Afghanistan.
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MTN exits Middle EastMTN announced it would pull out of the Middle East to concentrate on Africa.
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BUSINESS MAVERICK: Rob Shuter’s swansong: Removing MTN from the firing line in the Middle EastMTN will exit the Middle East in the next three to five years. MTN has become the second company – after Shoprite – to announce this week that it is retreating from markets outside SA that have helped it become the largest mobile operator in Africa and eighth in the world.
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