Africa’s Largest Wireless Carrier MTN to Exit Middle East

MTN in advanced talks to sell its 75% stake in Syria
Region was contributing less to the group’s earnings

Shoppers pass the entrance to an MTN Group Ltd. telecommunications store in Johannesburg. — Shoppers pass the entrance to an MTN Group Ltd. telecommunications store in Johannesburg.
Photographer: Waldo Swiegers/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Take our Survey

By Loni Prinsloo

August 6, 2020 at 6:27 AM UTC

Updated on

August 6, 2020 at 12:59 PM UTC

This article is for subscribers only.

Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter

MTN Group Ltd. plans to exit the Middle East as Africa’s biggest wireless carrier changes focus to its home continent.