MTN Group Prioritizes Expansion in Profitable Markets by Exiting Guinea-Bissau and Guinea-Conakry
MTN Group Strategic Move Towards High-Growth Markets
MTN Group, a leading telecom company, has accepted an offer from Mexican telecom Telecel to sell its operations in Guinea-Bissau and Guinea-Conakry. This decision reflects the company's commitment to focusing on high-growth markets and maximizing profitability.
Strategic Shift for Profitability
This strategic move is aimed at streamlining operations and concentrating resources on regions that offer the most significant opportunities for growth. By exiting these two African countries, MTN Group can enhance its competitive position and deliver better returns to shareholders.
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