Our investments are going to pay off, BTCL vows

Friday, July 12, 2019

Masunga expects BTCL to turn the corner this year PIC: KENNEDY RAMOKONE

The Botswana Telecommunications Corporation Limited (BTCL) managing director, Anthony Masunga says in going forward, it aims to reap from the heavy investment in network and infrastructure the group has made in recent years.

The telecomms group has been under pressure from investors as its share price has sunk below the 2016-listing level, amidst seesaw profits.

Individual (retail) investors make up a very large proportion of the BTCL’s share registry and many have taken to social media to express their disappointment with the value they are getting from the telecomms group.

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Our investments are going to pay off, BTCL vows

The Botswana Telecommunications Corporation Limited (BTCL) managing director, Anthony Masunga says in going forward, it aims to reap from the heavy investment in network and infrastructure the group has made in recent years.