I've lamented on more than one occasion that growth is getting harder
and harder to find for many, if not most, global wireless service
providers. Not only are most developed markets already saturated, but
many so-called emerging markets have already emerged, leaving many
service providers with few options other than to engage in withering
price and marketing competition. That's not the case for Africa's MTN Group (OTCPK:MTNOY),
as the company continues to see high single-digit sub growth overall
across its 22 markets. Better still, data, mobile money, and higher end
services (3G and so on) are only just starting to make real
contributions to results. MTN Group doesn't offer a rock-bottom
valuation, but the growth prospects are good enough to make this a name
worth consideration.
Follow this link to continue:
MTN Group One Of The Few Telcos With Real Growth Opportunities
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