MTN’s touted takeover has the potential to create SA’s largest telecom operator
MTN may just pull off its touted takeover of state-affiliated communications company Telkom, in a deal that has the potential to create SA’s largest telecommunication operator, experts say.
On Friday MTN revealed that discussions about acquiring the entire issued share capital of Telkom in return for shares or a combination of cash and shares are at an early stage and there is no certainty the transaction will be consummated...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.