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Telkom gives financial assistance to Business Connexion to boost growth plans

Connectivity BusinessbyConnectivity Business
December 19, 2016
in Financing, Space Services
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South African incumbent Telkom intends to grant its ICT unit Business Connexion financial aid of R1bn (US$70.7m) for working capital, settle debts and expand as it looks to the likes of cloud computing, data analytics and the internet of things for growth. The telco has described the unit as “the only truly converged business in the […]

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Tags: AfricaBusiness ConnexionPremiumTelkomTF251
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