A Telkom payday at last?
The company says talks to spin off its towers business are advanced. But how much, realistically, will a sale bring in?
19 November 2020 - 05:00
Telkom’s investors may finally get a payout from the company’s property portfolio. After at least two years of talks, management says plans "to unlock value" are at an advanced stage.
"We’ve been in a preparatory phase, using external advisers in terms of our masts and towers business, and … we intend to maximise value that can be realised through that," CEO Sipho Maseko says...
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now