MTN Uganda , the east African country's largest telecoms company, said on Tuesday it had secured a 370 billion shilling ($100 million) syndicated loan to help fund network expansion. MTN Uganda ...

MTN Uganda MTNU.UG, the east African country's largest telecoms company, said on Tuesday it had secured a 370 billion shilling ($100 million) syndicated loan to help fund network expansion.

A continued thirst for telecoms stocks has seen a bullish run of MTN on the Uganda Securities Exchange (USE), earning investors some 71 percent appreciation in value in the past half year.

Picture taken January 26, 2019. REUTERS/Thomas Mukoya/File Photo KAMPALA: MTN Uganda, the east African country's largest telecoms company, said on Tuesday it had secured a 370 billion shilling ($ ...

"The MTN IPO is officially open," MTN Uganda CEO Wim Vanhelleputte told a news conference in Kampala, urging the Ugandan public to invest, adding that the IPO will close in six weeks, on Nov. 22.