JOHANNESBURG – MTN is calling for caution as it prepares to release its first-half results.
The mobile giant says its Nigerian fine could affect headline earnings.
MTN says its had to cancel another 4.5 million SIM cards in Nigeria.
That’s as it tries to comply with the local regulator’s requirements.
It also says it’s struggling to grow its South African market.
But it’s stressed that it’s trying to diversify into mobile banking and e-commerce.
The interim results are due on 5 August.