MTC denies that listing is imminent

6 Nov 2006

The Kuwaiti mobile group MTC has denied speculation that it is close to announcing its international listing. MTC Group also says it has not chosen any advisors for a sale following press reports that UBS had already been selected. However, a company statement did confirm that the group is still ‘evaluating all its options with regards to an international listing’ and chief financial officer Sam M. Deeb says he does expect a sale to go ahead at some point in the future.



Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate



Filter CommsUpdate by the following categories or use the search.


Visit our help page information on performing advanced searches, including how to restrict the results by country or company.


CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.