Behind MTN’s R24bn bid for Telkom
It may seem like a bold gamble for the telecoms company, but the PIC and the government may stand to benefit from the tie-up in the long term
21 July 2022 - 05:00
When Telkom told investors in June that it was actively looking for an investor for its IT services unit, BCX, few could have anticipated that the whole telecoms group would be actually up for sale.
And yet, only a few weeks later and on the heels of former Telkom CEO Sipho Maseko’s departure, that is the case...
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