MTN Group Ltd., Africa’s largest wireless carrier, is reportedly in discussions to potentially acquire Telkom SA, a smaller competitor in South Africa. Sources familiar with the matter have indicated that both companies have been in talks with advisers to explore the possibility of a deal. Telkom has also sought advice on its strategic options in case of a takeover. The telecommunications industry in South Africa could see significant changes if a deal is reached between MTN and Telkom.
MTN and Telkom Explore Potential Deal, Sources Say
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