Zimbabwean telecom executive Ralph Mupita denies talks on Telkom acquisition
The remarks came a day after reports suggested MTN was reconsidering a takeover bid for Telkom, which owns South Africa’s biggest fiber network.
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The remarks came a day after reports suggested MTN was reconsidering a takeover bid for Telkom, which owns South Africa’s biggest fiber network.
The recent developments come after Maseko, through his firm Afrifund Investments, made a bold bid to acquire a 35-percent stake in Telkom.
Last week, Maseko supported by the Public Investment Corporation, presented a bold bid to acquire a 35-percent stake in Telkom.
Maseko secures $608 million in financing for a game-changing Telkom stake acquisition.