MTN targets Telkom again

R24bn deal could bring fibre increasingly closer to end users

17 July 2022 - 00:05

By THABISO MOCHIKO

MTN’s bid to buy Telkom, in a deal an analyst estimated could be valued at around R24bn, will give the country’s second biggest mobile network operator a massive boost to its a fibre infrastructure network and accelerate its 5G rollout.

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