Tag: MTN Group

  • SEC confirms talks with MTN Group on $500m public offer

    The Securities and Exchange Commission (SEC) on Wednesday confirmed that MTN Group had finally commenced discussions with the commission on its proposed 500 million dollars Initial Public Offering (IPO). A senior management staff of SEC who pleaded anonymity said that MTN had commenced discussion with the commission on the IPO. The source said that although…

  • MTN Nigeria to go ahead with IPO this year

    Subject to market conditions, South Africa’s telecoms firm, MTN Group will go ahead with its Initial Public Offering (IPO) listing its Nigerian subsidiary, MTN Nigeria in the Nigerian Stock Exchange (NSE) this year. Bloomberg had previously reported the Executive Chairman of MTN Group, Phuthuma Nhleko, as saying the company may delay the planned listing until…