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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: charge takes 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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