MTN boss says acquisition of Telkom still makes sense

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Telkom ended talks with Rain, opening the door for MTN to engage in discussions again, but it is not clear whether MTN is keen.

about a potential acquisition.

Commenting on the issue, Mupita said the strategic rationale for consolidation remains. “Nothing of a strategic nature changes in three to six months,” he said. “Twenty years ago, it was very different. Voice-centric networks did not require as much capital, which means you could have four to six players.”

 

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