Tag: Telkom

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...

Telkom is again about to go through a painful retrenchments programme as it fights to contain costs in a tough macroeconomic environment.The partially state-owned...

Telkom CEO Serame Taukobong on Wednesday said the partially state-owned telecommunications operator is open to further conversations with MTN Group about a transaction.This comes a...

Wireless broadband operator Rain said on Wednesday that it remains engaged with Telkom about a proposed acquisition.This comes after Telkom and MTN Group told investors...

MTN Group has walked away from talks to acquire Telkom, sending the partially state-owned telecommunications operator’s shares crashing nearly 25%.“MTN terminated discussions in relation to...

Shares in Telkom plummeted more than 10% in Johannesburg on Friday after a report suggested talks with rival MTN Group about a takeover had...

MTN Group’s talks to buy Telkom have stalled following a rival deal proposal from another telecommunications company, people familiar with the matter said.Negotiations about...

Shares in Telkom rose this week after the company informed investors that it is still in talks with MTN Group about a possible acquisition. In...

It appears Telkom’s apparent willingness to engage with Rain about a possible deal could harm its merger talks with MTN Group.MTN issued a curiously worded...

South African internet service provider Rain has formally made a non-binding proposal to Telkom South Africa that would see the latter acquire the former...