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MTNOY MTN Group Ltd (PK)

5.03
0.00 (0.00%)
06 Jan 2025 - Closed
Delayed by 15 minutes
Name Symbol Market Type
MTN Group Ltd (PK) USOTC:MTNOY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 5.03 5.03 5.03 0.00 00:00:00

MTN Group Exits Yemen With Sale of Shareholding to Emerald International Investment

18/11/2021 6:32am

Dow Jones News


MTN (PK) (USOTC:MTNOY)
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By Sabela Ojea

 

MTN Group Ltd. said Thursday that it has agreed to exit its operations in Yemen by selling its effective shareholding to Emerald International Investment LLC., an affiliate of Zubair Corp. LLC, the minority shareholder in MTN Yemen.

South African telecoms company MTN said its Yemen division had 4.7 million subscribers at the end of the third quarter, and that it represented 0.3% of its earnings before interest, taxes, depreciation and amortization.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

November 18, 2021 01:17 ET (06:17 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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