Tag: Consortium
Telkom rejects former CEO’s team’s offer to purchase company
Telkom’s board has rejected a proposal from a consortium that includes its former group CEO, Sipho Maseko, saying it’s “not in the best interest of shareholders”.The...
MTN talks remain on track – Telkom
Telkom on Friday finally issued a statement to investors via the JSE’s stock exchange news service after Rain on Thursday said it planned to approach...
Consortium makes unsolicited bid for state’s 40% stake in Telkom
The South Africa government has received an unsolicited bid for its 40.5% stake in Telkom, following an announcement that MTN Group is in early-stage talks...