MTN Group on Tuesday hinted strongly that it remains interested in buying Telkom.
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Telkom jumped as much as 12% after confirming it received a bid for a controlling stake from a consortium that includes its former CEO.
But the former telecommunications monopoly faces huge challenges if it hopes to remain a significant market player.
Icasa said it will soon publish a request for proposals to appoint a consultant to assist with its next broadband spectrum auction.
MTN South Africa is actively investigating off-grid renewable energy alternatives, including windmill-powered base stations.
President Cyril Ramaphosa met with business leaders as concern over South Africa’s multiple crises grows.
Trade, industry & competition minister Ebrahim Patel has published block exemptions for energy users and suppliers in terms of the Competition Act.
The PIC is backing a possible bid led by the former chief executive of Telkom for a 35% stake in the company, sources said.
Following Telkom’s shock profit warning last week, could MTN make another bid for the company?
MTN South Africa has issued requests for information for the supply of renewable onsite and offsite renewable energy solutions.