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EUR 9599.00 For Business Accounts Only

MTN (Buy, TP: ZAR130, +39%) MTN Rwanda – Q1 24 Quick take: Slow start to the year

MTN Rwanda has reported a slower set of Q1 numbers. Revenue and EBITDA continue to be impacted by the MTR cut and margins were also impacted by the One Network Area initiative and to a lesser extent by the depreciating RWF vs. the USD.
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New Street Research
New Street Research

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Analysts
Chris Hoare

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