MTN has to pay R48.5-billion fine

MTN must be relieved the fine is reduced :D
 
Yay, R48.5 Billion ploughed into the corrupt Nigerian government, hoorah!
 
ok, so why did MTN not disconnect the 5.1 million lines and where is that revenue... and How much was it? mmmmmm
 
Wall said:
tank hard
Click to expand...

It's down a bit more, nothing hectic. Most of the fine is priced in already but I think buys were hoping it would be reduced more substantially hence the slight further drop.
 
Scooby_Doo said:
I did read that the original fine has already been priced in? Any reduction in the fine should then result in a rally.. No?
Click to expand...

That fine is still huge. Around 18 months worth of profit.
 
Nice job!

MTN wouldn't last a long time in a first world country where things are actually enforced.
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter
X