Telkom sells Swiftnet to private equity firm and black-owned investment entity
Private equity firm and black-owned investment outfit want to turn acquired entity into a leading tower company
24 March 2024 - 06:25
Private equity firm Actis and black-owned investment firm Royal Bafokeng Holdings (RBH) have ambitious plans to turn Swiftnet into a “leading” tower company after the R6.75bn acquisition of the business from Telkom.
Swiftnet owns telecom masts and towers that are also leased to MTN and Vodacom...
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.