About: http://data.cimple.eu/news-article/699870c926ebfa64c60c44046e8a4847dd9cfc4e531c73f3078a5197

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/699870c926ebfa64c60c44046e8a4847dd9cfc4e531c73f3078a5197 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Africa's largest mobile operator, South African telecoms giant MTN, announced Thursday it would pull out of the Middle East to concentrate on Africa, and scrap its interim dividend under a blueprint to navigate the coronavirus pandemic. "MTN has resolved to simplify its portfolio and focus on its pan-African strategy and will therefore be exiting its Middle Eastern assets in an orderly manner over the medium-term," the group's president and CEO, Rob Shuter, said in a first-half results statement "As a first step we are in advanced discussions to sell our 75% stake in MTN Syria." The company which was founded in 1994, lists operations in Syria, Sudan, Yemen and Iran in its Middle East file, which also includes Afghanistan. The statement said that in the January to June period, MTN's subscriber base rose by 10.6 million to 251.5 million compared to end-2019. Earnings before interest, taxation, depreciation and amortisation (ebitda) rose 10.9 percent to 41.8 billion rand ($2.38 billion, 2.01 billion euros). "MTN delivered strong results for the period against the backdrop of difficult trading conditions, exacerbated by the unprecedented socio and macroeconomic challenges caused by the COVID-19 pandemic," Shuter said. He singled out strong performances in Ghana and Nigeria as well as a "pleasing turnaround" in South Africa. However, "no interim dividend (was) declared due to uncertainties resulting from COVID-19 impacts," it said. ri/sn/jh
schema:headline	South African telecoms giant MTN to pull out of Mideast
schema:mentions	The Statement (film) Mobile network operator MTN Group South African rand Dividend Yemen Sudan Middle East Syria Ghana Africa Iran Afghanistan South Africa Chief executive officer Pandemic Nigeria Coronavirus disease 2019 MTN Syria Rob Shuter Amortization Depreciation Earnings before interest, taxes, depreciation, and amortization Macroeconomics
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-08-06 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	71 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software