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Telkom no longer interested in Broadband Infraco – report

Connectivity BusinessbyConnectivity Business
June 23, 2016
in Investments, Space Services
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South African fixed-line incumbent Telkom is reportedly no longer interested in state-owned fibre provider Broadband Infraco. Disagreements over the deal value were behind the talks’ failure.Telkom offered to pay R1 (US$0.07) for the cash-strapped company while Broadband Infraco was looking for “several hundred million rand”. South African fixed-line incumbent Telkom (JSE:TKG) is reportedly no longer interested in state-owned fibre provider Broadband Infraco. Disagreements over […]

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Tags: AfricaBroadband InfracoCell CNeotelOger TelecomPremiumTelkomTF247Vodacom
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