MTN Group Prioritizes Expansion in Profitable Markets by Exiting Guinea-Bissau and Guinea-Conakry

Monday, 25 March 2024, 19:19

MTN Group has decided to sell its operations in Guinea-Bissau and Guinea-Conakry to Telecel, signaling a strategic shift towards high-growth markets. This move aligns with the company's goal of maximizing profitability and focusing on regions that offer the most significant opportunities for growth. By exiting these two African countries, MTN Group aims to streamline its operations and concentrate its resources on markets with higher potential returns for shareholders.
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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.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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