MTN Uganda to Spin Off MoMo Fintech Unit, Seeks Shareholder Approval
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最新报道：MTN Uganda plans to spin off its mobile money (MoMo) fintech unit into a separate entity, seeking shareholder approval for the move. The telecom giant aims to enhance operational efficiency and unlock value by focusing on digital financial services independently. The proposed restructuring aligns with MTN Group's strategy to expand fintech offerings across African markets. Shareholders will vote on the spin-off during an upcoming general meeting, with details on valuation and regulatory approvals pending. MTN Uganda's MoMo service has grown significantly, processing over $5 billion in transactions annually, reflecting strong demand for mobile-based financial solutions in the region.
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