Articles tagged with: Oger Telecom and Reliance

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, vodacom, landline, telkom, South Africa

UPDATE: Telkom Gets Takeover Approach, Offer for Vodacom

JOHANNESBURG -(Dow Jones)- Telkom SA has received a preliminary offer for its stake in South Africa's largest mobile phone company as well as a takeover approach from a consortium led by freedom fighter-turned-business tycoon Tokyo Sexwale.  more

Related Tags: mtn, reliance-communications, vodacom, bharti, london, telkom, bharti-airtel, vodafone-group, South Africa

MTC Consortium Conforms Saudi License Win

The MTC-led consortium has confirmed that it has been successful in making the highest bid for the third mobile telecommunications licence in the Kingdom of Saudi Arabia having bid SAR22.91 billion (US$6.109 billion). The award of the licence is subject to approval from the Saudi Arabia's Council of Ministers. more

Related Tags: mtn, orascom-telecom, bharti, digi

Hunted and Hunter Swap Roles As Telecom M&A Heats Up

LONDON (Dow Jones) -- The hunted are fast becoming the hunters in the consolidation race playing out now among telecom operators in emerging markets.  more

Related Tags: reliance-communications, essar-group, kpn, mtn, tim, orascom-telecom, hutchison-telecom, bric, bouygues-telecom, essar, chief-financial-officer, hutchison-essar