News24 | MTN May Revive Bid for Telkom After Dropped Talks
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7 Articles
MTN opens talks with Telkom over potential acquisition deal - Innovation Village | Technology, Product Reviews, Business
In a significant development for the South African telecommunications sector, MTN Group, Africa’s largest wireless carrier, is reportedly considering reigniting talks to acquire its smaller rival, Telkom SA. Sources familiar with the matter, who requested anonymity, say that Telkom is also preparing for a potential new takeover bid by consulting with its advisors. Negotiations between the two companies could begin as early as the end of the year…
MTN, Telkom said to hold talks with advisors on possible deal
MTN Group, Africa’s largest wireless carrier, is considering reviving talks to acquire smaller South African rival Telkom SA, according to people familiar with the matter. Telkom has also been talking to advisors about its options if a new takeover bid is launched, said the people, who asked not to be identified because information is still private. The two companies could begin negotiations before the end of the year, though there’s no guarante…
MTN to resume Telkom SA acquisition talks by end of 2025
Telecoms company, MTN Group, is considering reviving its plans to acquire South African telecoms company and rival, Telkom. This follows MTN’s decision to walk away from negotiations to buy the company in 2022. According to Bloomberg, the project is part of the group’s plan to broaden its footprint and bring about dominance in the African telecommunications space. Currently, MTN Group has 298 million subscribers across its 15 African markets. Ac…
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