DigitalSENSE News: Starcomms suffers setback @ NSE, needs N315,400,000 recapitalisation

DigitalSENSE News: Starcomms suffers setback, shares put on hold by N...: Despite claims by Starcomms plc to have reached 3.2 million customers, the acclaimed leading Code Division Multiple Access (CDMA) op may need some recapitalisation very urgently.

It was further gathered that following the suspension, Starcomms shares at the Exchange will not be accessible via trading pending the completion of the current merger deal likely to give birth to a new consortium to be known as CAPCOM with anticipated new investment of $200 million, about N315,400,000,00.  Readmore.
 
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