Airtel Tanzania headquarters in Dar es Salaam. The telecommunications firm is in the initial stages of listing at the Dar es Salaam Stock Exchange. PHOTO | FILE
What you need to know:
However, this is way below expectations given that the company commands a 26 per cent subscription market share, just six per cent less than the market leader, Vodacom Tanzania. It was thus expected that the Airtel IPO would have been pegged at hundreds of billions of shillings.
Airtel Tanzania’s net asset value (NAV) is currently estimated at around Sh100 billion.
