News Formal

Telkom Sells Swiftnet Mast and Tower Business for R6.75 Billion

  • 📰 ITWeb
  • ⏱ Reading Time:
  • 20 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 53%
  • Publisher: 51%

Business Новости

Telkom,Swiftnet,Mast

Telkom has announced the sale of its Swiftnet mast and tower business to a consortium of equity investors for R6.75 billion. The sale marks a strategic transformation for Telkom and allows the company to focus on its core business operations.

Telkom has sold its Swiftnet mast and tower business to a consortium of equity investors for R6.75 billion. The company today announced a step forward in its strategic transformation with the initiation of a sale agreement for all shares in its wholly-owned Swiftnet subsidiary.

Swiftnet, a key player in the South African market, has extensive masts and towers infrastructure, with approximately 4 000 installations and leasing co-location space to major mobile network operators, says Telkom in a statement. This decision marks a pivotal moment in Telkom's journey towards unlocking shareholder value and streamlining our focus on core business operations

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 45. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Telkom sells tower business for R6.75 billionTelkom is selling its towers and mast business housed within Swiftnet as part of its strategy to unlock value.
Источник: BusinessTechSA - 🏆 24. / 61 Прочитайте больше »