MTN confirms possible West African asset sale

MTN Group is weighing up an offer from Axian Telecom for three of its operating units in West Africa, it confirmed on Thursday.
The South Africa-based telco group said it is “evaluating an orderly exit” of its MTN-branded businesses in Guinea-Bissau, Guinea-Conakry and Liberia in the medium-term, which suggests it is not in a hurry to offload the units. However, a bid has come in and naturally it’s taking a look.
It did not disclose the value of that bid, but given the size of