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Liquid Telecom plans 2016 listing on European bourse

2015-09-28 09:31:00| Telecompaper Headlines

(Telecompaper) Econet Group founder Strive Masiyiwa says he is considering a separate listing in 2016 for subsidiary Liquid Telecom, a major operator of fibre and business satellite services in Africa. Masiyiwa, who is the Econet Group executive chairman, said the company had decided to opt to list Liquid after spurning several multi-billion dollar offers for it. He said Econet had received several unsolicited offers for Liquid, but it wants it to remain an independent access provider of internet in Africa, The Herald reported.

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Category:Telecommunications

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