|
|
Articles tagged with: Oger Telecom and Vodacom
New Suitor Emerges for South Africa's Vodacom
Nigeria's Globacom has emerged as a 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 talks with Telkom and other investors to boost its holding. A person familiar with the matter said that Vodafone is interested in an additional 12.5% stake in Vodacom, which would give it control with a total 62.5% interest. more
Related Tags: vodafone, landline, telkom, backhaul, 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, 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, reliance, bharti, london, telkom, bharti-airtel, vodafone-group, South Africa
Telkom South Africa Received Non-Binding Offer From Oger
JOHANNESBURG -(Dow Jones)- Telkom SA, Africa's largest fixed-line phone operator, Tuesday clarified that it had received a non-binding offer from Dubai-based Oger Telecom but that it continued to review its mobile strategy. more
Related Tags: mtn, cell-c, telkom, vodafone-group, South Africa
UPDATE: Telkom Considering Options for its Mobile Strategy
(Adds details, background.) more
Related Tags: mtn, telkom, South Africa