- MTN Group Ltd., Africa’s largest mobile operator, is reportedly in advanced talks to sell some of its assets to Axian Group Ltd.
- The deal is part of a broader strategy to streamline MTN’s portfolio and focus on core markets like Nigeria and Ghana.
- The potential sale of MTN’s assets in Liberia, Guinea-Bissau, and Guinea-Conakry could indicate a broader trend in the market, as companies continue to evaluate their portfolios amid challenging business conditions.
MTN Group Ltd., Africa’s largest mobile operator, is reportedly in advanced talks to sell some of its assets to Axian Group Ltd. According to sources familiar with the matter, negotiations on the prices of MTN’s assets in Liberia, Guinea-Bissau, and Guinea-Conakry are ongoing. Click here to read full article