Gyro

SA’s Telkom shareholders approve mast and tower business unit disposal

The resolution required to implement the disposal of Swiftnet was approved by the requisite majority of votes.
Staff Writer
1:50
Mar 22, 2024

Telkom sells Swiftnet for $343 million to Towerco Bidco

Telkom has been looking to sell the towers for nearly three years, as the Johannesburg Stock Exchange-listed business strives to maximise shareholder value.
1:30
Jun 13, 2023

Telkom readies to offload masts and towers business

The process for the disposal of Swiftnet is at an advanced stage with the decision on the offers received expected soon.