Telkom ditches New York

TELKOM yesterday started the process of delisting from the New York Stock Exchange, a move analysts said would have little impact on the company.

TELKOM yesterday started the process of delisting from the New York Stock Exchange, a move analysts said would have little impact on the company.

The telecoms operator announced on August 7 that it would file a notification of removal from listing on the NYSE by yesterday. It would then provide a copy of the notification "to the NYSE on or about August 27". - Lihle Z Mtshali

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