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MTN denies reports of planning group listing in Nigeria

Monday 7 March 2016 | 16:26 CET | News
MTN Group has denied reports that it's planning to seek a stock market listing in Nigiera. The South Africa-based operator issued a statement saying it's "very concerned" about inaccurate media reporting following the press briefing on its annual results. Of particular concern are reports attributed to senior executives, purporting that MTN Group is planning to list in Nigeria. This, it said, is grossly inaccurate. The correct comment, as expressed by the Executive Chairman Phuthuma Nhleko, is that MTN could consider listing the local operation, MTN Nigeria, not the Group. Furthermore, the

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Categories: Mobile & Wireless
Companies: MTN / MTN Nigeria
Countries: Africa
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