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13.08.26 - 22:30
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Nigeria: IHS Towers Revenue Rises 8.2 Percent As Power Costs Hit Profit (AllAfrica)
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[Daba Finance] IHS Towers increased first-half revenue as a stronger naira and higher sales supported results, but rising energy costs and expenses tied to its proposed sale to MTN Group weighed on profit. Revenue from continuing operations rose 8.2% to $844 million in the 6 months through June from $780.3 million a year earlier. Second-quarter revenue gained 10.4% to $428.6 million....
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13.08.26 - 22:30
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Africa: Iran Writedown Masks MTN Group′s Underlying Earnings Growth (AllAfrica)
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[Daba Finance] MTN Group expects underlying earnings to rise as much as 23% in the first half of 2026, even as a writedown on its Iranian business and currency losses cut reported profit. Africa's largest mobile operator forecast adjusted headline earnings per share of 775 cents to 808 cents, up 18% to 23% from 657 cents a year earlier....
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