Now , now children, play nicely. What puzzles me is the following: If this company had been properly run then this mess would not have happened. But it clearly wasn't and what is also probable - if not completely certain - is that there will be other financial impairments and/or skeletons in the cupboard. And until the new broom actually takes up office - not tomorrow BTW - there is no way of telling how bad the total impairments will be. Short term trade, long term "avoid" until there is much more clarity.
i think they have managed the crisis well, including hiring new management. But if you investing, you not investing in managers, but telecoms: qustion is,is that a space you want to be invested in. If yes,then MTN below 120 is a reasonable buy.
I take it you mean which other company can give you exposure to the Nigerian economy? There are lots (some listed properties, Clover, Nampak, Aspen and Shoprite). The question I think which is more relevant is what other company can give you heavily geared exposure to Nigeria - MTN has a hangofa lot of exposure there.