Kaya Biz: What could MTN’s proposed Telkom takeover deal mean for SA’s telecoms sector?
By Zuko Komisa The largest mobile operator in Africa, MTN, is in negotiations to acquire Telkom. MTN has informed its shareholders that it is in talks to purchase the entire issued share capital of Telkom in exchange for shares or a cash and share combination. MTN said in a statement on Friday (15 July) that talks are in the early stages and there is no guarantee the transaction will go […]