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Wireless

UCC wants MTN to list on bourse before licence extension

Thursday 16 August 2018 | 09:19 CET | News
MTN Uganda has been asked to list some of its shares on the stock exchange as a condition for renewing its operating licence, which expires in October, Reuters reported. Godfrey Mutabazi, head of the Uganda Communications Commission (UCC), said members of the public should be able to own a stake in the firm which has operated in the country for 20 years. He said the UCC is evaluating the conditions of the licence renewal, referring to listing shares on the Uganda Stock Exchange (USE).  

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Categories: Mobile & Wireless
Companies: MTN Uganda / UCC
Countries: Uganda
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