UPDATE 3-African telecoms group MTN says divestment plan on track after first-half sales [Reuters (UK)]
MTN GROUP LTD S/ADR (MTNOY)
NASDAQ:AMEX Investor Relations:
investors.vailresorts.com/investor-relations
Company Research
Source: Reuters
UPDATE 3-African telecoms group MTN says divestment plan on track after first-half sales - Reuters 3 Min Read * Sold loan in ATC Ghana, interest in Amadeus * Looking to redeem preference shares in Nigeria * Service revenue up 9.7% * Shares down 2.1% after hitting year high on Weds (Adds fintech and instant messaging services) By Nqobile Dludla JOHANNESBURG, Aug 8 (Reuters) - MTN Group Ltd is on track to meet a divestment target set in March after raising $140 million from asset sales that will slim down Africa’s largest mobile phone operator and refocus it on high-growth markets. MTN is reviewing a raft of investments under a three-year, 15 billion rand ($996 million) divestment plan that includes shedding loss-making e-commerce assets and exiting countries where it has no prospect of reaching first or second place by market share. In the first half through June it sold its shareholder loan in ATC Ghana to American Tower Corp for 900 million rand and its interests in investment fund A
Show less
Read more
Impact Snapshot
Event Time:
MTNOY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MTNOY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MTNOY alerts
High impacting MTN GROUP LTD S/ADR news events
Weekly update
A roundup of the hottest topics
MTNOY
News
- It Might Not Be A Great Idea To Buy MTN Group Limited (JSE:MTN) For Its Next Dividend [Yahoo! Finance]Yahoo! Finance
- Lebanon's prime minister denies allegations of money laundering in France [FOX News]FOX News
- Lebanon's billionaire prime minister denies allegations of money laundering in France [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Lebanon's billionaire prime minister denies allegations of money laundering in France [Yahoo! Finance]Yahoo! Finance
- MTN Group's (JSE:MTN) Dividend Will Be ZAR3.30 [Yahoo! Finance]Yahoo! Finance