MTN Group, Africa’s largest network operator by subscriber base, has announced the completion of the sale of its operations in Guinea (also known as “MTN Guinea-Conakry”) to the State of Guinea.

Punch Newspapers

MTN finalises sale of Guinea operations to government

Media Bias/Fact Check

MTN Group has officially exited the Guinean market, transferring its operations to the State of Guinea as part of its strategic shift toward portfolio optimisation and risk management. The sale was finalised on December 30, 2024, according to a statement from the telecommunications giant. The decision aligns with MTN’s broader Ambition 2025 strategy, which prioritises simplifying its portfolio and focusing on markets that offer sustainable growt…

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Nigeria

MTN Completes Guinea Exit, Transfers Operations To Local Ownership

MTN Group, a pan-African operator, has declared that on the 30th of December, 2024, the sale of its MTN Guinea-Conakry business to the State of Guinea was completed. MTN claims that this deal is in line with its goal of streamlining and optimising its portfolio as part of Ambition 2025, a strategy centred on creating the biggest and most valuable platform company with a distinct emphasis on Africa. According to many quotes, Ralph Mupita, the pre…

Brand Spur

MTN Group Seals Sales Deal Of MTN Guinea-Conakry To The State Of Guinea - Brand Spur

MTN Quits Guinea, Sells Off Operations To State. South African-owned mobile telecommunications provider, MTN Group announced that it has.....

VMT News

MTN Quits Guinea, Sells Off Operations To State

African telecommunications giant MTN Group has transferred ownership of its subsidiary in the Republic of Guinea to the government. In a press release issued on Thursday, the telecommunications firm a

theafrica.co.za

Mtn Sells Underperforming Guinea Business To Government : The Africa

The Republic of Guinea division of the massive African telecom company MTN Group has been turned over to the government. This was contained in a press statement issued on Thursday, announcing that the agreement was finalised on December 30, 2024 As part of its “Ambition 2025” plan, this action supports its goals for portfolio simplification and optimisation. According to MTN Group President and CEO Ralph Mupita, the deal represents the company’s…

Voice of Nigeria

MTN Group Transfers Guinea Subsidiary to Government

January 03, (THEWILL) – Africa telecommunication giant, MTN Group, has concluded selling its Guinea-Conakry operations to the State of Guinea. According to the Group, the transaction was concluded on December 30, 2024, and aligns with its focus on portfolio optimisation and simplification, as part of Ambition 2025, a strategy anchored in building the largest and

thewillnews.com

MTN Exits Guinea-Conakry, Sells Off Assets To State

MTN Group has finalized the sale of its operations in Guinea to the government, marking its strategic exit from the market. In a statement, MTN noted that the deal which was concluded on December 30, 2024, aligns with its Ambition 2025 strategy, which emphasizes portfolio optimization and simplification. The decision to divest from Guinea follows […] The post MTN Group Completes Exit From Guinea, Sells Subsidiary to Government appeared first on …

Tekedia

MTN Group Completes Exit From Guinea, Sells Subsidiary to Government

While MTN is withdrawing from Guinea, Conakry, with its new stake in the telecom company, aspires to revitalize the telephone market and reduce the debt of the operator in difficulty.

Alors que MTN se désengage de Guinée, Conakry, fort de sa nouvelle participation dans l’entreprise de télécoms, aspire à redynamiser le marché téléphonique et à réduire la dette de l’opérateur en difficulté.

Avec la reprise de MTN Guinée par l’État, Mamadi Doumbouya veut-il ranimer Guinée Télécom ? - Jeune Afrique.com

JeuneAfrique.com

With the takeover of MTN Guinea by the State, does Mamadi Doumbouya want to revive Guinée Télécom? - Jeune Afrique.com

MTN Group, Africa’s largest telecommunications provider by subscriber base, has officially completed the sale of its Guinea operations (MTN Guinea-Conakry) to the government of Guinea.  The company announced the transaction, which was finalized on December 30, 2024, in a statement released on Thursday.  This move is part of MTN’s ongoing efforts to streamline its operations and focus on key markets, a strategy outlined in its Ambition 2025 plan.…

MTN finalises sale of Guinea operations to government

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