MTN's buyout offer for Telkom is all about one thing … MoneywebNews
Friday’s announcement that Telkom is in talks to be acquired by MTN is not the first time these two telecoms operators have flirted with some sort of transaction . And it’s certainly not the first instance of Telkom looking to M&A activity to solve its situation of being sub-scale in mobile. But the current potential takeover is about one thing only: Telkom’s market-leading fibre network.
Open up 5G spectrum to boost SA growth, says Huawei exec The rest of Telkom’s unused property portfolio could be quickly sold off. This would leave just wholesale business Openserve and Telkom Consumer . If the latter becomes a sticking point for approval, one might also see this sold. A natural buyer for the mobile book would be recapitalised Cell C – the prepaid bases are roughly the same quality, although Telkom’s is larger.
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