MTN Nigeria; Poor services, Higher Profit
Despite poor services in Nigeria, MTN Group Ltd., Africa’s largest mobile-phone company, said first-half profit rose 22 percent after it expanded the network and increased data clients and Nigerian subscribers. Net income climbed to $970 million (7.63 billion rand) in the six months ended June 30 from 6.24 billion rand a year earlier, the Johannesburg-based company said in a statement to the city’s stock exchange