In a deal that has been simmering in the strategic cauldron, Telkom has finally offloaded its masts and towers business, Swiftnet, for a cool R7bn.

The deal, announced with a flourish on Friday, is not just a transaction to fortify Telkom’s balance sheet — it is a statement of intent, signalling Telkom’s resolve to carve out a future in the digital economy. ..

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.