Telkom requires a global company’s investment to unlock its real value and help grow its market share in South Africa to better challenge Vodacom and MTN.
on 1 May 2022, saying he has a proven track record of turning around difficult business situations.
Sung said that an investor like Korea Telecom could not only bring in additional capital but also help contribute in terms of technology and business management. “The telcos could look at it and say, if I invest billions of rand now, if I add some investment, both the financial and technology management skill set, can they improve? That’s their trigger point,” Sung stated.
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