MTN Considers Exiting 3 Small West African Markets Amid Challenges
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African telecom giant MTN is considering exiting 3 markets in West and Central Africa.
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The countries being exited - Guinea-Bissau, Guinea-Conakry and Liberia - account for only 1.6% of MTN's revenue.
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The exits will leave MTN with 5 operating countries in its West and Central Africa segment.
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MTN faces challenges like inflation and currency devaluation in several African markets.
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MTN has minority market share in the 3 countries it is exiting, compared to rivals.