The telecoms operator has been working on a plan to release billions of rand trapped in its sprawling structure
Shares in Telkom surged on Tuesday, adding more than R1bn to its market value, after the group announced a plan to list its property business — a move meant to unlock the value from a portfolio of assets it says is not being fully reflected in its share price.
The partially state-owned telecoms operator has been working on a plan to release billions of rand trapped in its sprawling structure, which includes properties, masts and towers, IT company Business Connexion and internet fibre operator Openserve...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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