Edition: International
Products
0
Sections
Subscriptions
Wireless

MTC set to launch IPO after stock exchange approval

Monday 23 August 2021 | 12:04 CET | News
Namibia mobile operator MTC said that its application for primary listing on the main board of the Namibian Stock Exchange (NSX) has been approved. According to MTC Chief Human Capital and Corporate Affairs Officer Tim Ekandjo, 49 percent of the ordinary shares in MTC will be made available to the general public during the public offer, with Namibia Post and Telecommunications Holdings retaining a minimum of 51 percent of MTC post-listing.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?

Categories: Mobile & Wireless
Companies: MTC
Countries: Namibia
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Namibian MPs question MTC over debt to CRAN
Published 26 Apr 2021 10:41 CET | Namibia
The Namibian parliamentary standing committee on public accounts has questioned Mobile Telecommunications Company (MTC) over its ...

MTC plans to list shares on bourse in October

Published 27 Jan 2021 13:21 CET | Namibia
MTC says it will list its share on the bourse in October, although it has until September 2022 to list, The Namibian reported. ...

MTC extends timeline for 100% population coverage to 2023
Published 25 Jan 2021 10:53 CET | Namibia
Namibian operator, MTC said plans to reach 100 percent network coverage nationwide under the 081Every1 project have been dealt ...

MTC FY revenue rises 3%, net profit falls 3%
Published 25 Jan 2021 10:43 CET | Namibia
Namibian operator MTC said its revenue increased by 2.7 percent to NAD 2.68 billion for the financial year ended 31 December 2020 ...





Related Info

Namibian MPs question MTC over debt to CRAN
26 Apr | Namibia | News
MTC plans to list shares on bourse in October
27 Jan | Namibia | News
MTC extends timeline for 100% population coverage to 2023
25 Jan | Namibia | News
MTC FY revenue rises 3%, net profit falls 3%
25 Jan | Namibia | News

Calendar   /   Industry Events

23 Aug Palo Alto Networks fiscal Q4
24 Aug 21Vianet Q2 2021
24 Aug Limelight Networks strategy session
25 Aug Xiaomi Q2 2021
25 Aug Aviat Networks fiscal Q4
25 Aug Sky Network Television FY results
26 Aug VMware fiscal Q2
26 Aug Bouygues Telecom Q2 2021
26 Aug Dell Technologies fiscal Q2
27 Aug Salt Q2 2021
30 Aug Veon Q2 2021
30 Aug Zoom Video Communications Q2 2021
30 Aug Big 5G Event
::: More Calendar Items
Twitter ::: follow Telecompaper on Twitter ::: follow
Facebook ::: like Telecompaper on Facebook ::: like
LinkedIn ::: connect with Telecompaper on LinkedIn ::: connect
Free Headlines ::: subscribe now