Iran could be a gold mine for MTN

[Newsfeed]

Iran could be a gold mine for MTN

MTN’s 49% shareholding in its Iranian business is a prized asset and could help to boost the company’s earnings and valuation in future, according to an executive.

Speaking to the Sunday Times, a senior executive close to MTN said the company would benefit greatly from its decision to remain in the Iranian market.

 

[rietrot]

Uhm sanctions?

 

[Bryn]

Uhm sanctions?

My first thought too. Perhaps MTN doesn't operate in a region that would impose sanctions or fines for doing business with Iran.