MTN operates in 21 countries, with large businesses in Nigeria, South Africa, Ghana and Iran. It has over 200 million customers. It has a market cap of R370 billion, a price to earnings ratio of 16.2 and a dividend yield of 3.8%. Guest David Lerche from Avior and resident expert Paul Theron from Vestact have selected MTN as today’s stocks pick within the Telecoms sector.
Source: CNBC Africa