Telecommunications giant, MTN on Monday, March 7, 2016 faulted media reports of a purported plans to list in Nigeria, saying that it is only considering a listing of its subsidiary, MTN Nigeria.
The JSE-listed group said in a statement that it was concerned about unnamed media reports that said that it would list in Nigeria.
The company in a statement said: “This 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.
“As a result, reports that MTN is considering a secondary listing in Nigeria are misleading.”
