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MTN Cuts Spending to Preserve Cash During Virus Pandemic

A shuttered MTN Group Ltd. kiosk stands on the street in Abuja.

A shuttered MTN Group Ltd. kiosk stands on the street in Abuja.

Photographer: KC Nwakalor/Bloomberg
Updated on

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MTN Group Ltd. reduced spending plans for the full year to focus on preserving cash and maintaining networks as Africa’s biggest wireless carrier by sales navigates the Covid-19 pandemic.