No purchase price or terms have been announced, except that MTN aims to acquire Telkom’s entire issued share capital in exchange for MTN stock or a combination of cash and shares.
Where previously you had mobile operators competing to roll out infrastructure, the market has now been split into two categories. Regulators must carefully consider whether smaller operators like Cell C can continue to compete as infrastructure buyers, Craigie Stevenson said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: