Wireless News
11-09-2015, 03:40 AM
JOHANNESBURG (Reuters) - South African fixed-line operator Telkom said it is in talks to buy rival Cell C, as it seeks to boost its fledging mobile phone business. Telkom is currently performing due diligence on Cell C, the company said in a statement. Buying South Africa's third-largest mobile telecoms network Cell C would give Telkom about 20 million mobile phone users but also a company facing a consumer backlash due to slow network speeds. Telkom did not indicate how much it would pay for the unlisted Cell C. ...
More... (http://news.yahoo.com/south-africas-telkom-talks-buy-mobile-phone-operator-072731767--finance.html)
More... (http://news.yahoo.com/south-africas-telkom-talks-buy-mobile-phone-operator-072731767--finance.html)