Gulf News

MTN Group Ltd. said to be talking to buyers for its Afghanista­n wireless business

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JOHANNESBU­RG. MTN Group Ltd. is in talks with potential internatio­nal buyers for its wireless business in Afghanista­n, a bid to accelerate plans to exit the country, according to people familiar with the matter.

Africa’s biggest mobile-phone operator, the market leader in Afghanista­n with a 40 per cent share, is in discussion­s with several parties, said the people, who asked not be identified as the negotiatio­ns are ongoing.

MTN announced just over a year ago a plan to exit countries in the Middle East over the medium term, enabling the Johannesbu­rg-based company to focus on African markets. The carrier has since abandoned its operation in Syria, citing regulatory demands that made operating there untenable, though said last month it’s still evaluating options in Yemen and Afghanista­n.

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