From boom to bust and back again, is one way long term investors can look at MTN's strategy outside of South Africa. The telecommunications group is operational in places like war torn South Sudan, Syria and Afghanistan, sanction targeted Iran, and Nigeria, where the authorities seem to see it more as a cash cow that can be milked than a service provider. But despite these short-term obstacles, the group continues to invest in these territories, having seen a 27 percent rebound in its share price this year. This following a series of fines and actions, specifically in Nigeria, which saw the group come under extreme pressure over the past few years. And while the group is showing signs of a recovery, it's also big news for the JSE-listed company that it was covered by the Wall Street Journal. Showing the investor appetite may also spread far and wide. The article is published below. – Stuart Lowman

Telecom giant MTN pushes into dangerous areas

By Alexandra Wexler

(The Wall Street Journal) – JUBA, South Sudan – Working in some of the world's most dangerous countries like South Sudan and Syria has made telecommunications provider MTN Group Ltd. bigger by some measures than its US counterparts, but it also has exposed the risks of working with cash-strapped governments.

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