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MTN Group downplays Iran strife
The Citizen
|June 17, 2025
As the Iran-Israel conflict today enters its fifth day, with casualties reported on both sides, South Africa's global mobile telecommunications giant MTN has downplayed any impact the strife would have on its Irancell business links.
MTN Irancell is a major Iranian telecommunications company and the largest mobile network operator in Iran - offering 2G, 3G, 4G, 4.5G, and 5G services.
The MTN Group holds a 49% stake and Kowsar Sign Paniz the remaining 51% in the joint venture.
Asked about business concerns over the latest outbreak of the Iran-Israel conflict, MTN Group chief sustainability and corporate affairs officer Nompilo Morafo said: "As we understood from the Irancell management, all staff are safe at this stage."
Diese Geschichte stammt aus der June 17, 2025-Ausgabe von The Citizen.
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