Vodafone talks spur Telkom

Telkom is still in discussions with a Vodafone unit that wants to buy part of its stake in mobile operator Vodacom, boosting its shares nearly two percent. The fixed-line telephone company said yesterday it was also still holding independent talks with a consortium led by Mvelaphanda Group for the acquisition of its entire share capital without its Vodacom stake. - Reuters

Telkom is still in discussions with a Vodafone unit that wants to buy part of its stake in mobile operator Vodacom, boosting its shares nearly two percent. The fixed-line telephone company said yesterday it was also still holding independent talks with a consortium led by Mvelaphanda Group for the acquisition of its entire share capital without its Vodacom stake. - Reuters

X