Telkom approached by Oger Telecom

could be very interesting....

Not that I see anything coming of it, cos Telkom will ask for too much or something ridiculous like that...
 
stoke said:
Hmmm ... interesting little press leak there.
Lets see if it further helps their battling share-price.
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Haha, Telkom bought a bunch of their own shares last year when the price was sky-high.... now with the stockmarket k@k going on atm they've made a tidy loss on their own shares. Haha. :p
 
MTN and Vodacom handed this opportunity to Cell C on a silver platter...
 
Headquartered in Dubai, Oger Telecom, which indirectly controls about 75% of Cell C, is described as an emerging markets telecommunications group.
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CellC hmmmm....

*speculates*

Maybe they want to drive a hard bargain with the Beast, and get some local connectivity for a cheap price, seeing that Vodacom and MTN recently deployed their own local fibre.

Will have to wait and see - and hope that CellC doesn't get gobbled up by the Beast.
 
Telkom Shares up +7.44% today in a sea of red.:cool:
 
antowan said:
This is the bid folks. This is the one. It will happen.
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makes sense to me too

telkom NEED a mobile partner
telkom media need a mobile partner for their quad play ambitions
telkom with Vodacom stripped out will be like buying a cashpile...


edit: headline for future reference - "Oger eats Ogre"
 
antowan said:
This is the bid folks. This is the one. It will happen.
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Let me get it straight.
These Oger people buy Telkom's Landline Business. Telkom sells it's Vodacom Assets and recapitalises Cell C?

This word Oger? Eish. Doesn't sound too good. Maybe Shrek is a Shareholder? :D

Antowan. Is this positive news for us?
 
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dominic said:
makes sense to me too

telkom NEED a mobile partner
telkom media need a mobile partner for their quad play ambitions
telkom with Vodacom stripped out will be like buying a cashpile...


edit: headline for future reference - "Oger eats Ogre"
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I guess I was wrong about Telkodemonopolies buying up CellC, instead it's potentially a case of "Ogre gobbles up Exorbitant Telecoms Troll".

Perhaps now would be an appropriate time for the board members at Telkodemonopolies to apply a red-hot poker to their collective rear ends and catch a wake up before CellC's investors come to their senses and tell Telkodemonopolies where to shove the cable jacks of its aged & crap copper infrastructure.
 
BTTB said:
Is this positive news for us?
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Well if it means a restructuring of the board to a majority Oger representation then its a great thing! And if it means a shake up of senior management then again, yes great news! Oger as a private company would not allow govt intervention in the running of their business either and therefore we might see serious objection by PIC depending on their political or financial objectives.

But then again, I dont know much about Oger Telecom or their management - all I know is that I heard Cell C have had 5 major resignations in the past two weeks (unconfirmed - but from an ex senior employee who himself resigned). Things aint too good for Cell C - so I see some synergies between them and Telkom. They both need what each other has - this deal makes sense to me!
 
DJStealth said:
BTTB said:
Is this positive news for us?
Click to expand...
Well if it means a restructuring of the board to a majority Oger representation then its a great thing! And if it means a shake up of senior management then again, yes great news! Oger as a private company would not allow govt intervention in the running of their business either and therefore we might see serious objection by PIC depending on their political or financial objectives.

But then again, I dont know much about Oger Telecom or their management - all I know is that I heard Cell C have had 5 major resignations in the past two weeks (unconfirmed - but from an ex senior employee who himself resigned). Things aint too good for Cell C - so I see some synergies between them and Telkom. They both need what each other has - this deal makes sense to me!
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IMO a forced divorce between Telkodemonopolies & Vodacom is likely to shake up the telecoms market enormously & will increase competition, which consumers will eventually benefit from, any other advantages are icing on the cake.
 
This is either for real, or Telkom has pulled a miracle out of its backside, leaked it, now look at the market share go up again...
 
LabAnimal said:
This is either for real, or Telkom has pulled a miracle out of its backside, leaked it, now look at the market share go up again...
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This would have a devastating affect on their share price if it flops... This 'leak' drove their share price more than 7% on a day that the all share was down (OK not significantly) - proves that this is exactly what investors are looking for. But investor confidence is fading for Telkom by the looks of things and this might prove to be the nail in the coffin for some of the larger investors who are hoping to see a return through a share swap by takeover or outright buyout.
 
I agree, you could see cut and run profit talking that could push the price down, or someone with a lot of cash could try and game the market - either way looks like an interesting few weeks
 
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