On The Money - In Brief

Mergers, Acquisitions and Financial Results

- Vodafone-Egypt released audited FY04 results ending March, confirming its preliminary announcement of LE1,078 million net profit, reflecting a 111% increase over the LE511 million recorded in FY03.

- Nigeria's mobile operator, MTN, has recorded a profit of N24.6 billion for the half-year ended September 30, 2003.