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Wireless

Crystal Telecom returns to FY profit after MTN rebound

Monday 3 June 2019 | 09:25 CET | News
Crystal Telecom has recovered from the slump it suffered in 2017 to register a profit of RWF 1.5 billion in 2018, earning shareholders dividends amounting to about RWF 1.2 billion, New Times reported. Crystal Telecom has a 20 percent stake in MTN Rwanda, which is floated on the stock exchange, but the difficulties that MTN Rwanda faced in 2017 saw Crystal Telecom shareholders miss out on a dividend last year. 

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Categories: Mobile & Wireless
Companies: MTN Rwanda / RURA
Countries: Rwanda
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