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Telkom likely to make mobile entry early in 2009

Thread starter Tweak
Start date Dec 4, 2008

Tweak

Expert Member

Dec 4, 2008

Telkom likely to make mobile entry early in 2009

The partially State-owned telecoms utility recently reached agreement with Vodafone, of the UK, whereby 15% of Telkom’s 50% stake in Vodacom would be sold Vodafone for R22,5-billion, with the 35% balance to be unbundled to Telkom shareholders.

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