MTN mulls Telkom move – report

MTN is looking into the possibility of acquiring a majority stake in fellow South African telco Telkom in a bid to challenge the country’s dominant provider Vodacom, a Bloomberg report has claimed.

Telkom South Africa writes down assets to tune of $1.2bn

South African operator Telkom has written down the value of its assets by R12bn ($1.2bn) following a review by its board. The operator said the decision to revalue it’s assets is important in enabling it to become competitive and efficient.

SA Telkom CEO steps down

South African fixed line and mobile operator Telkom has announced that its CEO Nombulelo Moholi will step down from her role. Moholi will serve a six-month notice period while the board seeks her replacement.

South Africa fights over spectrum

Far-reaching regulatory changes look set to heat up broadband competition in South Africa. How far this will improve WiMAX prospects remains less certain, particularly as the debate about how to allocate 2.6GHz and 3.5GHz licences is proving to be divisive and prolonged. Yet South Africa’s telecom landscape is undergoing seismic change.

Telkom buys up rest of Nigerian carrier

South Africa’s incumbent carrier, Telkom, has announced the acquisition of a further 25 per cent of Nigerian operator Multi-Links Telecom. Telkom paid out $130m for the stake, which takes its ownership of the Nigerian firm to 100 per cent. Multi-Links is a Nigerian private operator with a Unified Access License and internet Service Provider License […]

Consolidation rumour roundup

It’s only Monday, but there are already a number of rumours circulating on potential mergers in the telecoms industry. UK-based Vodafone is believed to be on the verge of a deal with South African partner Telkom, with an eye to taking a larger stake in the Vodacom mobile operation. At present, Big Red holds 50 […]


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