MTN Group today announces the company’s exit from operations in Yemen in the Middle East. The company has been steadily pulling out from its operations in the Middle East, having left Syria in August.
MTN offloads Yemen unit as Middle East exit continues
MTN Group divested its majority stake in its Yemen business, advancing plans to exit the Middle East and focus on its core African markets.
MTN exits Yemen
MTN has announced an exit from its operation in Yemen. According to the network operator, the transaction is in line with its intention to exit the Middle East, as first announced in August 2020.
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MTN Group exits Yemen via stake sale to Emerald International
MTN Group has transferred its majority 82.8% shareholding in MTN Yemen to Emerald International Investment, thereby exiting the market.
MTN Group exits operation in Yemen
MTN Group says it has exited its operation in Yemen in a transaction that furthers the delivery of its Ambition 2025 strategy and is in line with its intention – announced in August 2020 – to leave …
S.Africa’s MTN exits Yemen in Middle East pull-out plan
South Africa’s MTN Group Ltd said on Thursday it would exit Yemen, as the largest African mobile operator pursues its strategy to leave the Middle East and focus on its core operations in the …
MTN exits Yemen, sells business to minority shareholder
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