, the country’s third-biggest mobile carrier, hitting shares in Cell C majority shareholder Blue Label Telecoms.
Telkom said this week that it was in discussions about a potential acquisition without disclosing its target. “The potential acquisition will be subject to Cell C completing a financial restructuring to ensure that its gearing levels are reduced to a sustainable level as specified by Telkom,” it said.
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Telkom makes offer to buy troubled rival Cell C | IOL Business ReportTelkom SA offered to buy Cell C and combine South Africa’s two smallest mobile network operators to better compete against larger rivals. busrep
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A united South Africa more important than anything else: Erasmus - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Outgoing Springbok coach Rassie Erasmus says that winning the Rugby World Cup softens the blow of having to step down from his role. The 47-year-old is set to move back to his full-time job of Director of Rugby, having been standing in over the past two years as coach of the team.
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