More Telkom mergers, acquisitions planned

Telkom planning more mergers, acquisitions

Telkom told unions that it will embark on more mergers, acquisitions, partnerships or consolidation in future.

Wow, this should be good news for shareholders and employees! Given Telkom's long list of successful acquisitions in the past the good times are going to roll! Telkom Media, Multi-Links, Africa Online, I Way Africa, Telkom Mobile.

Remember kids - Its still the same bunch of clowns with a different ringmaster that are guaranteed to make a complete hash of anything they touch.
 
I find the description "mergers and acquisitions" problematic because Telkom isn't really acquiring anything and the acquisition of Telkom doesn't appear on the card. We are seeing unbundling, restructuring and outsourcing - although Telkom evidently haven't learnt how to speak of unbundling and the term outsourcing would upset the unions and restructuring possible the capital market ...
 
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