MTN expects profits to fall up to 30% as Iran investment takes a hit
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.
Record details
Published: 11 August 2026
Source: TechCabal (Africa)
Category: News
Topics: Finance, VC & PE
Retrieved: 12 August 2026
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How to cite this record
ethics.ai (11 August 2026), “MTN expects profits to fall up to 30% as Iran investment takes a hit,” evidence record 18630, https://ethics.ai/record/18630 (originally published by TechCabal (Africa)).
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