Times Of Swaziland: GOOD NEWS FOR SWAZI  MOBILE SHARES HOPEFULS

GOOD NEWS FOR SWAZI  MOBILE SHARES HOPEFULS
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 BY NTOMBI MHLONGO on 01/12/2017 05:04:00


MBABANE – Swazi Mobile has offered its customers another chance to get an
allocation of its shares offer.
This is through the extension of the deadline to the end of the year.
The deadline was yesterday but instead of closing its doors on the offer, the
company convened a press conference where it announced that it wanted to give
more Swazis another chance to try their luck in the share reward programme.
When the company was launched, it pledged to offer shares worth E60 million to
the first 100 000 subscribers with each share worth E600.
However, the process has been slow due to the fact that most of the locals in
the remote areas had not been able to utilise Swazi Mobile services as the
company was still working on its network coverage.
Currently, there are over 3 000 Swazis who have qualified for the shares with
about 1 000 having already been awarded certificates.
Announcing the extension of the deadline was Swazi Mobile Acting Chief Executive
Officer Wandile Mtshali, who stated that customers had until December 31, 2017
to satisfy the terms and conditions to get an allocation of the shares.
“We recognised that our network had been growing in terms of coverage.
However, there are a lot of areas where customers could not enjoy our services
due to the fact that the network coverage had still not been sorted. This made
them miss out on our services such as the shares offer which is why we have
extended the deadline,” he said.
According to Mtshali, some areas were covered in November while others would be
sorted in the current month. He highlighted that in the next few days, they
would be communicating with customers by issuing statements to those who had
qualified for the shares during the month of November. “We will do the same
for those who will qualify in December so our customers should rest assured that
we will communicate everything,” Mtshali emphasised.