India’s Tata Communications is putting on a brave face after Vodacom announced on Tuesday that it was walking away from a R7bn deal to acquire Tata’s South African subsidiary Neotel. In a letter to shareholders, Tata Communications
Browsing: Communitel
A competitor with a sharp edge. That appears to be the conclusion if the R7bn tie-up between Vodacom and Neotel goes ahead. While this will be good for investors in Vodacom, it might also be positive for the man
Vodacom and Neotel have finally confirmed what the market has known for some time: that they are in discussions regarding a potential acquisition by the mobile operator of Tata Communications-controlled operator. The two parties say the talks revolve around Vodacom
Although Tata Communications has twice rubbished talk that it has any intention of selling its controlling stake in Neotel, the market was again awash with speculation at the weekend that some sort of deal may be on the cards. The Sunday Times newspaper quoted
India’s Tata Communications has rubbished talk that it plans to sell its South African subsidiary, telecommunications operator Neotel. Company spokesman Rozzyn Boy on Friday said Tata had no intention of selling the company. “We don’t have any plans to sell Neotel, no