WATCH: Why Telkom has generated plenty of excitement
Business Day TV speaks to Business Day writer Mudiwa Gavaza
30 May 2023 - 14:53
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Telkom’s $660m asset writedown and a crash in its share price have opened up the phone company for a possible takeover or sales of assets, sources say. Picture: BLOOMBERG
Telkom’s share price has soared after news that former CEO Sipho Maseko and a group of investors, are planning to buy about a third of the state-controlled telecom operator. Business Day TV spoke to Business Day writer Mudiwa Gavaza for further insights.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: Why Telkom has generated plenty of excitement
Business Day TV speaks to Business Day writer Mudiwa Gavaza
Telkom’s share price has soared after news that former CEO Sipho Maseko and a group of investors, are planning to buy about a third of the state-controlled telecom operator. Business Day TV spoke to Business Day writer Mudiwa Gavaza for further insights.
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