The South African market is mature and highly competitive, as evidenced by Telkom’s latest quarterly revenue growth of just 2.6%. How can this set of numbers have been the reason for a drop in the MTN share price? Should the market be working off the lucrative Q1 growth, or the far less exciting Q2 growth? With profit after tax up by 43.3%, it’s been a lucrative period for MTN Ghana. The bigger worry for investors is a legal claim by Clydestone, with that party claiming that MTN Ghana used its IP to launch the mobile money business.