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Talks between MTN and Telkom have stalled, according to sources. Picture: BLOOMBERG
Talks between MTN and Telkom have stalled, according to sources. Picture: BLOOMBERG

MTN has walked away from talks to buy Telkom. The deal would’ve created SA’s largest mobile phone operator. But MTN says it ended negotiations because Telkom could not assure it that the discussions were exclusive. Business Day journalist, Mudiwa Gavaza, who’s been closely following the story, spoke to Business Day TV about the development.

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