INSUBCONTINENT EXCLUSIVE:
MTN Group has finalized the sale of its Afghanistan business to Beirut-based M1 New Ventures for $35 million as Africa&s largest wireless
carrier continues to reduce its presence outside the continent.The South African-based company sold its Afghanistan operation to M1 Group,
which is owned by Lebanon&s Mikati family.MTN has been narrowing focus on its home continent since 2020, targeting high growth areas such as
data sales and mobile-money.The group abandoned its Syrian business and transferred its Yemen unit to a partner
MTN remains present in Iran.The post MTN finalizes sale of Afghanistan division to Beirut firm for $35 million first appeared on Ariana
