MTN Nigeria Shares

South African telecom MTN has released its financial results for the year ended December 2021 and reported “strong financial, operational and sustainability results” through what the group is calling a “tough macro year.” MTN boasts that these very positive results were delivered through “strong strategic execution and sustained commercial momentum across 19 markets.” “We adapted to the extraordinary circumstances brought about by the COVID-19pandemic and started shaping the MTN of the future through the execution ofAmbition 2025,” said MTN Group President and CEO Ralph Mupita. Increased Earnings In constant-currency terms, service revenue grew by 18.3% to $11.4-billion, earnings before interest, tax, depreciation, and amortisation (EBITDA) increased by 23.7% to $582.6-Million and the EBIT...