According to the Times of Swaziland, MTN Swaziland has said that it is not opposed to the Swaziland Post and Telecommunication Corporation (SPTC) entering the country’s mobile market, despite this week’s decision by the International Court of Arbitration in Geneva, Switzerland to ‘terminate forthwith the mobile component of any telephony network and service’ operated by the SPTC, which occupies the dual role of market regulator and fixed line incumbent. In a statement issued following the ruling, MTN said that the company and its stakeholders are not opposed to SPTC competing with them, but stressed that the regulator cannot do so while it is still an MTN shareholder. The precise status of the SPTC’s stake in MTN is shrouded in mystery; in 1Q11 the regulator claimed that it had transferred its 51% shareholding in MTN Swaziland to the Ministry of Finance (41%) and King Mswati III (10%), in order to pave the way for its own independent entry into the wireless sector.
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OVETEL Mixed messages as MTN reveals it is not opposed to SPTC entering mobile market
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