Picked up some MTN pink sheets on the US OTC market last week, MTN has a major share of the Nigeria Mobile market and at the moment the only way to plug into the massive profits MTN are making is to pick up some shares whereever they maybe.
MTN being a south african based company, its quoted on the Jo'burg stock exchange (JSE) but also trade ADR's in the US, prices as equal value to MTN on the JSE. Nigeria represents a big profit centre for MTN and hopely they will list on the NSE some time soon.
Their pink sheet ticker is MTNOY and on the JSE it's MTN.
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