AFRICA / TELECOM - Africa's largest mobile operator, South African telecoms giant MTN, announced it would pull out of the Middle East to concentrate on Africa, and scrap its interim dividend under a blueprint to navigate the coronavirus pandemic.
In the January to June period, MTN's subscriber base rose by 10.6 million to 251.5 million compared to end-2019.
Earnings before interest, taxation, depreciation and amortisation (ebitda) rose 10.9 percent to R41.8-billion.