MTN’s share price was down 2.69% on Friday afternoon as it announced its profits in its Rwandan unit fell by more than third in the March quarter.
MTN Rwanda, which makes up 2.36% of all MTN Group subscribers, said on Friday its profit after tax fell 39.6% year-on-year to Rwf 4.12bn for the three months to endMarch...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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