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MTN sells MTN Cyprus for $304 million

By News Express on 16/07/2018

Views: 698


Mobile network operator MTN Group Ltd said on Monday its subsidiary MTN Dubai sold MTN Cyprus to Monaco Telecom S.A for 260 million euro ($304 million).

The telecoms firm said it would also allow Monaco Telecom to use the MTN brand in Cyprus for up to three years in return for a commercial fee. (Reuters)

Source News Express

Posted 16/07/2018 12:19:45 PM

 

 

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