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Telkom mulls US$1bn Cell C bid to become a strong opponent to Vodacom and MTN

Connectivity BusinessbyConnectivity Business
February 22, 2017
in Investments, Space Services, Strategy and Markets
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South African incumbent Telkom is reportedly contemplating a US$1bn bid for rival Cell C in an attempt to help the operator recapitalise after defaulting on debt payments. A merger between the former landline monopoly holder and Cell C would help Telkom expand its mobile operations in the country and become a true competitor to giants Vodacom and MTN. South African […]

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Tags: 3C TelecommunicationsAfricaBlue LabelCell CCellSAfMTNPremiumTelkomTF253Vodacom
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