MTN GROUP Ltd. (NASDAQOTH:MTNOY.PK)

CAPS Rating: 5 out of 5

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2
Player Avatar vemdnm (30.98) Submitted: 6/11/2008 11:44:14 AM : Outperform Start Price: $15.34 MTNOY.PK Score: +1.62

Mobile phone business in Africa will continue to boom. Landlines are terrible and expensive to get. Every Tom Dick and Harry wants a cell phone, not just for its usefullness but as a fashion statement. Call it the Louis Vuitton of Africa. MTN is dominating the mobile phone market, it is investing in internet technologies too. The only way up is up for MTN. Even the sky does not limit it.

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