12
May
MTN Group is in advanced talks with Axian Group to sell some of its West African markets, according to people familiar with the matter, as Africa’s largest mobile operator trims its portfolio. The companies are negotiating on prices for MTN’s assets in Liberia, Guinea-Bissau and Guinea-Conakry, said the people, who asked not to be identified as the information is private. The deal has not been finalised, and there is no guarantee that a transaction will go ahead, they said. The three countries accounted for 1.6% of MTN’s revenue in 2022, according to data compiled by Bloomberg. A representative for MTN…