Telkom secures Icasa approval for R6.75bn Swiftnet sale

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<p><img src=”https://biz-file.com/c/2412/760951-208×117.jpg?5″ width=”208″ height=”117″ alt=”Telkom secures Icasa approval for R6.75bn Swiftnet sale” align=”left”><p>Telkom has received the green light from the Independent Communications Authority of South Africa (Icasa) for the disposal of its masts and towers business, Swiftnet. This clears the runway to land the R6.75bn transaction with a consortium led by Actis LLP, alongside Royal Bafokeng Holdings. Icasa approval, which facilitates the change of control of Swiftnet’s licenses, follows unanimous shareholder nod in May 2024 and approval from the Competition Tribunal in September 2024.</p><br> <a href=”https://www.bizcommunity.com/article/telkom-secures-icasa-approval-for-r675bn-swiftnet-sale-253847a”>Read more…</a> | <a href=”https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=254230″>Send to a friend</a></p><div style=”clear:left”></div>

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