Iran General NewsMTN says no immediate plan to list Iran unit

MTN says no immediate plan to list Iran unit

August 19, 2010

Reuters: MTN Group has no immediate plans to list its Iranian unit or lower its stake in the unit, the head of Africa’s largest mobile operator said on Thursday.

JOHANNESBURG, Aug 19 (Reuters) – MTN Group has no immediate plans to list its Iranian unit or lower its stake in the unit, the head of Africa’s largest mobile operator said on Thursday.

MTN chief executive Phuthuma Nhleko made the comment at an investor presentation following the company’s first-half earnings results. (Reporting by Gugulakhe Lourie; Editing by David Dolan)

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