It may seem like a bold gamble for MTN, but the PIC and the government may benefit from the tie-up in the long term.
When Telkom told investors in June that it was actively looking for an investor for its IT services unit, BCX, few could have anticipated that the whole telecoms group would be actually up for sale.
And yet, only a few weeks later and on the heels of former Telkom CEO Sipho Maseko’s departure, that is the case...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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TOBY SHAPSHAK: The MTN tail chases the Telkom dogIf the deal does go through it will be a triumph of free market innovation over a monopoly, writes shapshak.
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TOBY SHAPSHAK: The MTN tail chases the Telkom dogIf the deal does go through it will be a triumph of free market innovation over a monopoly, writes shapshak.
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Cell C says MTN’s proposed Telkom acquisition must be handled with careCell C has urged South Africa’s regulators to carefully assess MTN’s proposed acquisition of Telkom.
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TOBY SHAPSHAK: The MTN tail chases the Telkom dogIf the deal does go through it will be a triumph of free market innovation over a monopoly, writes shapshak.
Read more »
TOBY SHAPSHAK: The MTN tail chases the Telkom dogIf the deal does go through it will be a triumph of free market innovation over a monopoly, writes shapshak.
Read more »