MTN acquiring Telkom - great deal, but a tough sell

[Bradley Prior]

MTN acquiring Telkom - great deal, but a tough sell

On 15 July, MTN and Telkom announced that they were in the early stage of discussions about MTN acquiring Telkom in return for shares or a combination of cash and shares in MTN. [Daily Investor]

 

[BBSA]

Less competition is never great.

 

[backstreetboy]

Less competition is never great.

Lol the irony since Telkom was a monopoly for yonks.

 

[ThabaniM]

This spells exorbitant prices for the end user, we already paying an arm and a leg for data. We will now have to suck it up and pay whatever MTN & Vodacom decide is the right price since they will be controlling the mobile sector

 

[backstreetboy]

This spells exorbitant prices for the end user, we already paying an arm and a leg for data. We will now have to suck it up and pay whatever MTN & Vodacom decide is the right price since they will be controlling the mobile sector

Not at all. MTN allows MVNO's now. Move on over to Afrihost air mobile.