| Home Page : Archive News : August 2016 News : UPDATE 1-Nigeria fine pushes MTN to first interim loss, dividend cut | |
UPDATE 1-Nigeria fine pushes MTN to first interim loss, dividend cut | |
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August 06, 2016 JOHANNESBURG, Aug 5- Africa's biggest mobile phone operator MTN Group Ltd cut investor payouts by almost 50 percent as it reported its first-ever half-yearly loss after taking a hit from a hefty regulatory fine in Nigeria. MTN agreed in June to pay a 330 billion naira fine in a settlement with Nigeria for missing a deadline to cut off unregistered SIM cards from... Source: http://www.cnbc.com/2016/08/05/reuters-america-update-1-nigeria-fine-pushes-mtn-to-first-interim-loss-dividend-cut.html |
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