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Articles tagged with: Landline and Vodacom
Vodacom Seeking Expansion Opportunities in Africa
..t increased its holding in Vodacom from 50% to 65%, while South African landline operator, Telkom floated its 35% stake onto the local stock market earlier this week. Vodacom has operations in South Africa, Tanzania, Lesotho, DR Congo and Moza more
Related Tags: vodafone, satellite, telkom, gateway-communications, South Africa
Vodafone's Vodacom Investment Thrown Into Doubt
..ing to buy a 15% stake in Vodacom, which is currently 50:50 owned by Vodafone and local landline operator, Telkom. The company has offered ZAR 22.5 billion (US$2.47 billion) less the attributable net debt of Vodacom at the date of signing subje more
Related Tags: telkom, vodafone, cosatu, South Africa
Competition Commission approves Vodacom/Vodafone merger
..on to the Competition Tribunal for approval. Currently, Vodacom is jointly controlled by landline operator, Telkom South Africa, which holds a 50% shareholding in Vodacom, and Vodafone, which holds 50%. In terms of the proposed transaction, Vod more
Related Tags: vodafone, compete, telkom, vodafone-group, competition-commission, South Africa
Telkom South Africa Breaks off Talks with Mvelaphanda Consortium
..nded talks with the consortium lead by Mvelaphanda Holdings regarding a possible sale of the landline division to the group. Other talks with Vodafone regarding its holding in mobile operator, Vodacom are still continuing. "The Company an more
Related Tags: vodafone, telkom, South Africa
New Suitor Emerges for South Africa's Vodacom
..surprise possible bidder for the 50% stake in South Africa based Vodacom owned by the dominant landline telco, Telkom. Vodafone, which is the other partner in the company has long coveted taking a majority control of Vodacom and has been in tal more
Related Tags: vodafone, telkom, backhaul, oger-telecom, submarine, South Africa
Telkom Says Talks Still Ongoing on Vodacom Sale to Vodafone
South Africa's landline operator, Telkom has issued a statement confirming that talks are still ongoing regarding a possible sale to Mvelaphanda Holdings and the disposal of its stake in mobile operator, Vodacom. The consortium is lead by the Mvelaphanda Group, US based private equity firm, Och-Ziff and other strategic investors. The Mvelaphanda Group is headed by former presidential hopeful Tokyo Sexwale. more
Related Tags: mtn, reliance, telkom, oger-telecom, South Africa
Vodacom Names New Chief Executive to Replace Alan Knott-Craig
..end of the 2009 financial year. Vodacom is jointly owned by Vodafone and landline operator, Telkom SA. Vodafone has offered to increase its stake in the mobile operator, conditional on Telkom spinning off its remaining holding to its sharehold more
Related Tags: telkom, South Africa
Vodafone Makes Renewed Bid to Buy South Africa's Vodacom
Vodafone has approached South Africa's dominant landline operator, Telkom with a formal offer to buy its stake in their joint venture mobile operator, Vodacom. The move came as a consortium of investors also made a bid to buy the company's landline operations - subject to selling off the Vodacom stake. more
Related Tags: mtn, reliance-communications, reliance, telkom, South Africa
Telkom Rejects Approach from Oger Telecom
South Africa's dominant landline operator, Telkom has announced that it has rejected a takeover offer from Dubai based Oger Telecoms as it is not in the interests of Telkom shareholders. Oger Telecoms is a subsidiary of Saudi Oger Ltd., a Saudi Arabian construction company founded by former Lebanese Prime Minister Rafik Hariri. more
Related Tags: telkom, dubai, dubai, South Africa
South Africa's Telkom Applies for Mobile License
South Africa's dominant landline provider, Telkom is reported to have requested permission from the regulator to set up its own wholy owned mobile phone network. The company is currently a 50% shareholder in the country's largest mobile operator, Vodacom along with Vodafone - but is generally accepted to be looking at a sale of its holding. more
Related Tags: mtn, 1800mhz, compete, cell-c, telkom, South Africa