MTN has sold its Guinea business in line with its strategy to simplify its portfolio.

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South Africa

News24 | MTN concludes sale of operations in Guinea

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South African-owned mobile telecommunications provider, MTN Group announced that it has concluded the sale of its Guinea operations to the State of Guinea, marking its final exit from the market. According to a statement from the Group, the sale was concluded on December 30, 2024, saying the transaction aligns with its focus on portfolio optimisation and simplification which is part of its Ambition 2025 strategy. MTN Group President and CEO, Ral…

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Federal Capital Territory

Nigeria

MTN Quits Guinea, Sells Off Assets To State

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/mtn-group-sells-guinea-operations-to-state-of-guinea-advancing-ambition-2025-strategy/MTN Group Limited has announced the successful sale of its operations in Guinea, MTN Guinea-Conakry, to the State of Guinea. The transaction was finalized on December 30, 2024, marking a key development in the telecommunications giant’s portfolio restructuring. The sale …

News Ghana

MTN Group Sells Guinea Operations to State of Guinea, Advancing Ambition 2025 Strategy

MTN Group said it has concluded the sale of its Guinea operations to the State of Guinea, marking its final exit from the market.   The post MTN finally exits Guinea, sells business to the Guinean government  appeared first on Nairametrics.

Nairametrics

MTN finally exits Guinea, sells business to the Guinean government

By Adedapo Adesanya Top African telecommunication company, MTN Group, will focus on core markets including Nigeria as it concluded the sale of its MTN Guinea-Conakry business to the Guinean government. According to MTN Group President and CEO, Mr Ralph Mupita, the development is a significant milestone for MTN Guinea-Conakry. “MTN Group Limited announces the conclusion […]

Business Post Nigeria

MTN Commits to Core Markets in Nigeria, Ghana After Guinea Assets Sale

Johannesburg – The MTN Group Limited (MTN) has concluded the sale of its operations in Guinea to that country’s government. In a New Year’s Eve press release, MTN announced that it had concluded the sale of its operations in Guinea (also known as MTN Guinea-Conakry), to the State of Guinea, on 30 December 2024.  MTN said the transaction aligns with the portfolio optimisation and simplification focus that is part of the Ambition 2025 strategy. MT…

The Bulrushes

MTN Concludes Sale Of Guinea Operations - The Bulrushes

MTN Group Limited (“MTN”) announces the conclusion of the sale of its operations in Guinea (also known as “MTN Guinea-Conakry”), to the State of Guinea, on30 December 2024. This transaction aligns with MTN’s focus on portfoliooptimization and simplification, as part of the Ambition 2025 strategy. MTN Group President and CEO, Ralph Mupita, stated: “This milestone marks a newphase for MTN Guinea-Conakry under local ownership. We thank the staff, c…

JBKlutse

MTN concludes the sale of its Guinea operations to the State of Guinea

MTN Group Limited (“MTN”) announces the conclusion of the sale of its operations in Guinea (also known as “MTN Guinea-Conakry”), to the State of Guinea, on 30 December 2024. This transaction aligns with MTN’s focus on portfolio optimization and simplification, as part of the Ambition 2025 strategy. MTN Group President and CEO, Ralph Mupita, stated: “This milestone marks a new phase for MTN Guinea-Conakry under local ownership, and MTN thanks the…

mtn-com.go-vip.net

MTN Group has completed the sale of its operations in Guinea to the State of Guinea, as it exits from the market.  This deal, which was concluded on 30 December 2024, “aligns with MTN’s focus on portfolio optimization and simplification, as part of the Ambition 2025 strategy,” the company said in a press release. Divesting from Guinea was driven by MTN’s assessment of its operations in the region and its long-term goals. Ralph Mupita, president …

techeconomy.ng

MTN Exits Guinea Market with Sale of Operations to State of Guinea - Tech

MTN Group has perfected plans to exit the Guinea market in line with its strategy to simplify its business operations and invest in markets with significant impact and long-term growth. According to Ralph Mupita, President and Chief Executive Officer, MTN Group has concluded a deal to sell its assets in Guinea to the State of Guinea. The deal was reached on December 30, 2024. He said, “This milestone marks a new phase for MTN Guinea-Conakry unde…

News24 | MTN concludes sale of operations in Guinea

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