Ralph Mupita leads MTN in potential Telkom bid

MTN and Telkom once again eye the negotiating table

News A tie-up between the South African telcos would create the country’s largest mobile player This week, a report from Bloomberg suggests that MTN are once again considering making another takeover bid for rival telco Telkom. According to anonymous sources, MTN is considering re-entering negotiations, while Telkom is in discussions with advisers over how to handle a potential offer. The same sources suggest that formal negotiations could begin…

Ralph Mupita leads MTN in potential Telkom bid

MTN Group, led by Zimbabwean executive Ralph Mupita, is exploring a potential takeover of Telkom SA. The Johannesburg-based telecom giant has reopened talks after stepping away from a deal two years ago, a move that could change the South African telecom landscape.Telkom considers options amid MTN interestTelkom is working with advisers to weigh its options if MTN makes a fresh bid, according to people familiar with the matter. Talks could progr…