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MTN Group revenue rises 9% in H1, announces plans to exit Middle East

2020-08-06 09:20:00| Telecompaper Headlines

(Telecompaper) MTN Group reported service revenue growth of 9.4 percent to ZAR 80 billion in the first six months to 30 June, and EBITDA up 10.9 percent year-on-year to ZAR 42 billion, as efficiency initiatives drove improvement in margins. The South Africa-based mobile operator also said it plans to�exit the Middle East over the medium term to focus on Africa and is in advanced talks to sell its majority stake in MTN Syria.�

Tags: group east middle plans

 

Devon Energy Aims to Clinch Early Barnett Exit

2020-08-04 23:30:00| OGI

Devon Energys Barnett Shale exit, a deal potentially worth up to $830 million, will now close at the beginning of October rather than the end of the year.

Tags: early energy exit aims

 
 

Dominion Takes $2.8 Billion Charge to Exit Atlantic Coast Natgas Pipe

2020-07-31 18:24:50| OGI

U.S. energy company Dominion Energy Inc. said July 31 it took a $2.8 billion charge in the second quarter related to the cancellation of the Atlantic Coast natural gas pipeline from West Virginia to North Carolina.

Tags: takes charge coast exit

 

TikTok to exit Hong Kong market within days

2020-07-07 06:50:22| BBC News | Business | UK Edition

The move by the short-form video app comes after China imposed its new security law on the city.

Tags: days market hong kong

 

Marketed: Blackbeard Operating South Texas Regional Exit

2020-07-02 19:00:00| OGI

Blackbeard Operating retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of its operated properties in South Texas as part of a regional exit.�

Tags: south regional operating texas

 

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