With its share price crashing, the telecom giant might become the target of more bidders — including rival MTN.
With its share price crashing, the telecom giant might become the target of more bidders — including rival MTNA consortium led by former Telkom CEO Sipho Maseko presented an offer of R46 a share for a controlling stake in South Africa’s third-largest mobile network, but this was immediately rejected as too low and not in the best interests of Telkom shareholders.
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