MTN considering picking up Telkom
SA’s second- and third-biggest mobile operators are in buyout talks, they say
15 July 2022 - 09:39
UPDATED 15 July 2022 - 13:21
MTN is in talks to buyout state-affiliated, fixed-line operator Telkom in a move probably aimed at bolstering its fibre asset base.
The group has been executing a plan to grow revenue from new areas such as mobile money, and has been working to separate its fintech and infrastructure businesses to optimise their value. ..
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