Tag Archives: MTN Ghana

MTN Is Said to Start $754 Million Ghana Unit IPO Next Week

mtn ghana

MTN Group Ltd will start selling more than a third of its Ghanaian unit for $754 million next week in an initial public offering that will be 10 times larger than the West African nation’s previous biggest-ever share sale, according to a person familiar with the matter. The offer to raise 3.48 billion cedis of stock will start May 29 and close at ...

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MTN Offloads 35% Shares

MTN mobile money

The Ghana Stock Exchange (GSE) has confirmed that telecom giant, MTN will be launching a 35% Initial Public Offering (IPO) on the Exchange by end of 2018. The move will be geared at selling 35% stake in the company to the public. It is part of the requirement from the National Communication Authority (NCA) before awarding the 4G spectrum to ...

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Tecno launches new Phantom 8 smartphone in Ghana

Tecno Phantom 8

TECNO Mobile has released its new smartphone device, Phantom 8 onto the Ghanaian market. The Phantom 8 which comes with 6GB RAM and 64GB ROM as well as two back cameras with 12 and 13 MP each and front camera. The cameras come with super 10X zoom and auto refocus and helps to take wonderful pictures even at low light ...

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MTN to invest US$143m in network expansion

MTN IPO

MTN Ghana has plans to roll out a range of network expansion programmes this year to enhance its communications service delivery in a bid to offer product value proposition for its customers. The telecoms company is, therefore, investing an amount of US$143 million in capital expenditure to boost network expansion in order to improve communications service delivery. This year, the ...

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MTN Ghana ready to sell its shares this year

MTN

Telecoms giant, MTN Ghana, is working towards listing on the local bourse as part of the conditions under which it secured the 4G license in 2015. CEO of MTN Ghana, Mr Ebenezer Asante, explains the move to sell part of the company’s shares to Ghanaians is part of the localization that came with the 4G license. “It’s very clear from ...

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