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.
1:50
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
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.