Many emerging market telcos have done alright over the past year, though MTN Group's (OTCPK:MTNOY)
performance in local currency terms has remained lackluster as
management works to set right the many mistakes of past management. The
ADRs have performed better, though, and there is still some worthwhile
upside here as the company looks to reinvest in its network to drive
customer satisfaction and, eventually, revenue and earnings growth.
Read more here:
Signs Of Progress (And Value) As MTN Group's Turnaround Progresses
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