MTN Group is valuing its mobile-money arm at about $5-billion, joining African wireless carriers planning to list these businesses in a region that has more mobile-money accounts than anywhere else in the world. MTN’s valuation of its unit follows Mastercard Inc. and TPG Holdings investing $300-million in Airtel Africa’s mobile-money business at a $2.65-billion value.
MTN group values mobile-money arm at $5bn, considers IPO
2021-04-12T16:26:49+01:00April 12th, 2021|