Worst business decision in South African telecoms history

  • 📰 mybroadband
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 67%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

In 2008, Telkom made a very poor business decision.

Telkom’s decision to sell its stake in Vodacom ranks as the biggest business blunder in South Africa’s telecommunications market.Vodacom, which launched South Africa’s first GSM network in 1994, was a joint venture between Telkom , Vodafone , and Venfin .

When Venfin decided to sell its stake in Vodacom in 2005, Telkom passed on the opportunity, and Vodafone snapped it up for around R16 billion. Today, Vodacom has a market cap of R230 billion. It means that Telkom’s former 50% holding would be valued at R115 billion.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 11. in JP

日本 最新ニュース, 日本 見出し