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MTN expects profits to fall up to 30% as Iran investment takes a hit – TechCabal

MTN expects profits to fall up to 30% as Iran investment takes a hit – TechCabal
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MTN’s underlying earnings are expected to rise by up to 23%, but a write-down on its Irancell investment, compounded by hyperinflation and foreign exchange losses, is dragging reported earnings lower. 

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