https://newsletter.en.creamermedia.com
Africa|Infrastructure|Technology|Infrastructure
Africa|Infrastructure|Technology|Infrastructure
africa|infrastructure|technology|infrastructure

Telkom shareholders green light masts, towers deal

27th May 2024

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

     

Font size: - +

JSE-listed Telkom’s shareholders have approved the proposed R6.75-billion sale of its masts and towers infrastructure subsidiary Swiftnet to a consortium.

The consortium comprises infrastructure fund Actis Ohio Fund managed by Actis and an infrastructure vehicle 100% owned by Royal Bafokeng Holdings.

The shareholders’ approval, obtained at the information and communication technology group’s general meeting of shareholders last week, brings the deal closer to conclusion.

The transaction remains subject to the fulfilment or waiver of other remaining suspensive conditions, including the regulatory approvals required from the South African competition authorities and the Independent Communications Authority of South Africa.

Edited by Creamer Media Reporter

Comments

Showroom

Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 
Alcohol Breathalysers
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 04 April 2025
Magazine round up | 04 April 2025
4th April 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.121 0.21s - 178pq - 2rq
Subscribe Now