Telkom shops around for a suitable Swiftnet deal
The group is looking at being part of a bigger infrastructure operation or to partner with the likes of MTN associate IHS Towers on a deal
17 June 2022 - 05:06
Telkom is looking at new options for unlocking value from its portfolio of masts and towers, hinting at a possible tie up with other tower providers. This comes after a planned listing of that business on the JSE was delayed earlier this year, owing to the economic downturn that lowered expected valuations.
The partially state-owned telecom operator has been working on a plan to release billions of rand trapped in its sprawling structure, which includes properties, masts and towers, IT company Business Connexion and internet fibre operator Openserve...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.