{"id":8043,"date":"2024-08-13T12:35:32","date_gmt":"2024-08-13T11:35:32","guid":{"rendered":"http:\/\/naijaeyesblog.com\/?p=8043"},"modified":"2024-10-26T01:15:25","modified_gmt":"2024-10-26T00:15:25","slug":"mtn-and-airtel-are-finding-ways-to-recover-after-reporting-a-combined-1-56-billion-loss-due-to-the-nairas-devaluation","status":"publish","type":"post","link":"https:\/\/naijaeyesblog.com\/ro\/mtn-and-airtel-are-finding-ways-to-recover-after-reporting-a-combined-1-56-billion-loss-due-to-the-nairas-devaluation\/","title":{"rendered":"MTN and Airtel are finding ways to recover after reporting a combined $1.56 billion loss due to the naira&#8217;s devaluation."},"content":{"rendered":"<div class=\"flex max-w-full flex-col flex-grow\">\n<div class=\"min-h-[20px] text-message flex w-full flex-col items-end gap-2 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"24ddd0d9-87dc-4237-b236-18667c3d4363\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<h1>MTN and Airtel are finding ways to recover after reporting a combined $1.56 billion loss due to the naira&#8217;s devaluation.<\/h1>\n<\/div>\n<p>Telecom giants MTN and Airtel are pivoting to a naira-focused strategy after suffering $1.56 billion in FX losses due to the naira&#8217;s steep depreciation. Both companies have reduced their foreign loans, renegotiated contracts to minimize dollar liabilities, and implemented cost-saving measures. Despite these efforts, the telecom industry is advocating for a tariff increase to align with economic realities and ensure sustainability.<\/p>\n<p class=\"wp-dark-mode-transparent\" data-sourcepos=\"19:1-19:269\">Share News with us via WhatsApp:<strong class=\"wp-dark-mode-transparent\"><a class=\"wp-dark-mode-transparent\" href=\"https:\/\/api.whatsapp.com\/send?phone=2348163658925&amp;text=Good%20day,%20NaijaEyes%20Digital\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">08163658925<\/a>\u00a0or Email:\u00a0<\/strong>naijaeyes1@gmail.com<\/p>\n<p class=\"wp-dark-mode-transparent\"><strong class=\"wp-dark-mode-transparent\">Join Our Social Media Channels:<\/strong><\/p>\n<p class=\"wp-dark-mode-transparent\">WhatsApp:\u00a0<strong class=\"wp-dark-mode-transparent\"><a class=\"wp-dark-mode-transparent\" href=\"https:\/\/whatsapp.com\/channel\/0029VaINDLn8V0toq2u6BJ34\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NaijaEyes<\/a><\/strong><\/p>\n<p class=\"wp-dark-mode-transparent\">Facebook:\u00a0<strong class=\"wp-dark-mode-transparent\"><a class=\"wp-dark-mode-transparent\" href=\"http:\/\/www.facebook.com\/Naijaeyess\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NaijaEyes<\/a><\/strong><\/p>\n<p class=\"wp-dark-mode-transparent\">Twitter:\u00a0<a class=\"wp-dark-mode-transparent\" href=\"https:\/\/twitter.com\/naija_eyes\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><strong class=\"wp-dark-mode-transparent\">NaijaEyes<\/strong><\/a><\/p>\n<p class=\"wp-dark-mode-transparent\">Instagram:\u00a0<a class=\"wp-dark-mode-transparent\" href=\"https:\/\/www.instagram.com\/naijaeyes\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><strong class=\"wp-dark-mode-transparent\">NaijaEyes<\/strong><\/a><\/p>\n<p class=\"wp-dark-mode-transparent\">TikTok:\u00a0<a class=\"wp-dark-mode-transparent\" href=\"https:\/\/www.tiktok.com\/@naijaeyes2\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><strong class=\"wp-dark-mode-transparent\">NaijaEyes<\/strong><\/a><\/p>\n<p class=\"wp-dark-mode-transparent\"><a class=\"wp-dark-mode-transparent\" href=\"http:\/\/naijaeyesblog.com\/category\/politics\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">READ THE LATEST BUSINESS NEWS<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MTN and Airtel are finding ways to recover after reporting a combined $1.56 billion loss due to the naira&#8217;s devaluation. Telecom giants MTN and Airtel are pivoting to a naira-focused strategy after suffering $1.56 billion in FX losses due to the naira&#8217;s steep depreciation. Both companies have reduced their foreign loans, renegotiated contracts to minimize [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":8044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-8043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MTN and Airtel are finding ways to recover after reporting a combined $1.56 billion loss due to the naira&#039;s devaluation. - NaijaEyes Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/naijaeyesblog.com\/ro\/mtn-and-airtel-are-finding-ways-to-recover-after-reporting-a-combined-1-56-billion-loss-due-to-the-nairas-devaluation\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MTN and Airtel are finding ways to recover after reporting a combined $1.56 billion loss due to the naira&#039;s devaluation. - NaijaEyes Blog\" \/>\n<meta property=\"og:description\" content=\"MTN and Airtel are finding ways to recover after reporting a combined $1.56 billion loss due to the naira&#8217;s devaluation. Telecom giants MTN and Airtel are pivoting to a naira-focused strategy after suffering $1.56 billion in FX losses due to the naira&#8217;s steep depreciation. Both companies have reduced their foreign loans, renegotiated contracts to minimize [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/naijaeyesblog.com\/ro\/mtn-and-airtel-are-finding-ways-to-recover-after-reporting-a-combined-1-56-billion-loss-due-to-the-nairas-devaluation\/\" \/>\n<meta property=\"og:site_name\" content=\"NaijaEyes Blog\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-13T11:35:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-26T00:15:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2024\/08\/yy-ezgif.com-png-to-webp-converter-6.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"703\" \/>\n\t<meta property=\"og:image:height\" content=\"405\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"David Abi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Scris de\" \/>\n\t<meta name=\"twitter:data1\" content=\"David Abi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Timp estimat pentru citire\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minut\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/naijaeyesblog.com\\\/mtn-and-airtel-are-finding-ways-to-recover-after-reporting-a-combined-1-56-billion-loss-due-to-the-nairas-devaluation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/naijaeyesblog.com\\\/mtn-and-airtel-are-finding-ways-to-recover-after-reporting-a-combined-1-56-billion-loss-due-to-the-nairas-devaluation\\\/\"},\"author\":{\"name\":\"David Abi\",\"@id\":\"https:\\\/\\\/naijaeyesblog.com\\\/#\\\/schema\\\/person\\\/2ed7a0f8f96e0219f64ac0dcd3e62730\"},\"headline\":\"MTN and Airtel are finding ways to recover after reporting a combined $1.56 billion loss due to the naira&#8217;s devaluation.\",\"datePublished\":\"2024-08-13T11:35:32+00:00\",\"dateModified\":\"2024-10-26T00:15:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/naijaeyesblog.com\\\/mtn-and-airtel-are-finding-ways-to-recover-after-reporting-a-combined-1-56-billion-loss-due-to-the-nairas-devaluation\\\/\"},\"wordCount\":132,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/naijaeyesblog.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/naijaeyesblog.com\\\/mtn-and-airtel-are-finding-ways-to-recover-after-reporting-a-combined-1-56-billion-loss-due-to-the-nairas-devaluation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/naijaeyesblog.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/yy-ezgif.com-png-to-webp-converter-6.webp\",\"inLanguage\":\"ro-RO\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/naijaeyesblog.com\\\/mtn-and-airtel-are-finding-ways-to-recover-after-reporting-a-combined-1-56-billion-loss-due-to-the-nairas-devaluation\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/naijaeyesblog.com\\\/mtn-and-airtel-are-finding-ways-to-recover-after-reporting-a-combined-1-56-billion-loss-due-to-the-nairas-devaluation\\\/\",\"url\":\"https:\\\/\\\/naijaeyesblog.com\\\/mtn-and-airtel-are-finding-ways-to-recover-after-reporting-a-combined-1-56-billion-loss-due-to-the-nairas-devaluation\\\/\",\"name\":\"MTN and Airtel are finding ways to recover after reporting a combined $1.56 billion loss due to the naira's devaluation. - 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