Report
Alastair Jones

New Street: MTN (Buy): Very strong performance in Q320 with encouraging comments on leverage

The last week has seen some very strong results emerge from the African telco operators, and MTN's Q320 results showed very similar trends with 15% growth in revenues and 20% EBITDA growth.
Underlyings
Provider
New Street Research
New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

  • Pan European Telecom Services and Cable
  • US Telecoms, Cable, Satellite and Towers
  • Global Emerging Market Telecoms
  • Japan Telecoms
  • Asian Internet
  • Pan European Healthcare
  • Global healthcare thematic research

We provide debt research on:

  • Pan European Telecom Services and Cable


Analysts
Alastair Jones

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