Telecoms: privatisation cut off.

Position:BUSINESS BRIEFS - Malawi Telecommunications Limited - Brief Article
 
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Malawi President Bingu wa Mathurika has pulled the plug on the privatisation of the country's telecoms provider after critics of the process said the sale price was too low, Malawi Telecommunications Limited (MTL) was offered for disposal at $30.7bn, but company managers said the price was too low in relation to company assets. Wa Bingu scuppered the intended sale until "one or...

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