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Wednesday, 29 May 2019

TIGO'S IPO PROCESS IN FINAL STAGES


TIGO Tanzania, a unit of Millicom International Cellular, is now finalising its initial public offer (IPO) plans on the Dar es Salaam Stock Exchange (DSE) to go public next month.

The Principle Public Relations Manager of the Capital Markets and Securities Authority (CMSA), Charles Shirima, said Tigo was now at an advanced stage to fulfil conditions for the IPO to become the second telecom to list on the DSE, after Vodacom raised 476bn/- in a successful IPO in 2017.

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