MTN Group is said to be in talks to sell its wireless business in Afghanistan

MTN Group

MTN Group

According to reports, MTN Group is in talks with potential buyers for its wireless business in Afghanistan in order to expedite plans to leave the country.

Africa’s largest mobile phone operator, which has a 40% market share in Afghanistan, is in talks with a number of potential buyers.

MTN Group revealed an intention to exit Middle Eastern countries in the medium term just over a year ago, allowing the Johannesburg-based business to focus on African markets.

The carrier has subsequently ended its operations in Syria, citing regulatory requirements that rendered it impossible to continue, though it announced last month that it is still weighing alternatives in Yemen and Afghanistan.

Following the collapse of the US-backed government last month, telecom companies operating in Afghanistan, including Etisalat of the United Arab Emirates, have reassured customers and investors that services will continue to operate while they work to ensure the safety of their employees in the country.

 

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