MTN Group suffers from R3.9 billion Irancell blow

[Newsfeed]

MTN Group suffers from R3.9 billion Irancell blow

MTN Group recognised a R3.9 billion impairment on its investment in its embattled MTN Irancell business, which drove down group profitability in H1 2026.

 

[Cius]

Invest in stupid countries, and face the bill. Anyone who expands into Iran or Nigeria deserves what follows.

 

[Hemi300c]

Investment excellence brought to you by a anc stalwart and "gifted" billionaire.

Not that I am perturbed about my pet hates (mtn) loss.

 

[Fuzzbox]

First Nigeria .
Now IRAN.

These guys don't learn from their mistakes.