MTC denies that listing is imminent

The Kuwaiti mobile group MTC has denied speculation that it is close to announcing its international listing. MTC Group also says it has not chosen any advisors for a sale following press reports that UBS had already been selected. However, a company statement did confirm that the group is still ‘evaluating all its options with regards to an international listing’ and chief financial officer Sam M. Deeb says he does expect a sale to go ahead at some point in the future.