Econet Wireless-owned pan-African telecoms group Liquid Telecom has agreed to acquire South African fixed-line operator Neotel from Indian telecoms group Tata Communications for R6.55bn (US$431.6m). Liquid Telecom is partnering with South African empowerment investment group Royal Bafokeng Holdings, which is buying a 30% equity stake in the carrier. Econet Wireless-owned pan-African telecoms group Liquid Telecom has agreed to acquire South African fixed-line operator Neotel from Indian telecoms group Tata Communications (NSE:TATACOMM) […]
