MTN pulls out of Qhubeka

29 July 2015 - 02:09
By David Isaacson

Citing tough market conditions, cellphone giant MTN announced it was withdrawing its sponsorship of the minnow Qhubeka cycling team that stunned with top performances at this year's Tour de France. MTN had spent about R100-million sponsoring the professional cycling outfit since 2013, said Chris Maroleng, the company's group corporate affairs executive.

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