Telkom shareholders will soon vote on a plan to sell the group’s towers and masts to a consortium led by private equity firm Actis.
Browsing: Actis
A consortium has signed a deal to acquire Western Cape fibre network operator Octotel from Actis.
Telkom has reached an agreement to sell Swiftnet in a deal that gives the towers unit an enterprise value of R6.75-billion.
Private equity firm Actis is in talks to buy Swiftnet, the mast and tower business owned by Telkom, sources said.
Emerging markets investment firm Actis has agreed to buy a controlling stake in Cape Town-based fibre broadband network operator Octotel.
London-based private equity firm Actis is looking at African energy projects to add to the US$1-billion it has already invested in the sector on the continent.
Net1, the company that used to manage the payment of social grants in South Africa, has appointed former Telkom and Eskom chairman Jabu Mabuza as chairman-designate of its board.
Emerging-markets private equity firm Actis has agreed to acquire electronic payments specialist Paycorp Holdings, part of South African financial services group Transaction Capital, in a blockbuster deal worth R937m. Paycorp has been a wholly