MTN Sees Full-Year Earnings Quadrupling on Nigeria, Ghana Gains

MTN Group Ltd., Africa’s biggest network operator, said full-year earnings are expected to more than quadruple after improved results at Nigerian and Ghanaian operations.

The company expects earnings per share in the range of 10.62 rand to 11.68 rand for 12 months through December, compared to a loss a year earlier, the Johannesburg-based company said in a statement on Monday.