Telkom expects to announce tower sale details within 30 business days

[Jan]

Telkom closing in on deal to sell off its towers

Telkom expects to announce details about a deal to sell its Swiftnet tower and masts portfolio on or before 4 April 2024.

In a cautionary announcement to shareholders on Monday, Telkom said they’d made substantial progress on meeting the remaining agreed milestones with the prospective buyer.

 

[r00igev@@r]

Its not like Telkom has had any new erections for years!

 

[Fuzzbox]

And without the towers what is there to sell in the Future.
The share price will take an even bigger hit.

 

[DapperDanMan]

Telkom

The dumbest motherfuckers in the world.

 

[Instantpot]

Why sell are they not just going to have to pay lease fees to use the same towers for its business going forward , I'm sure the BEE buyers will be very lenient on rental to them

 

[kolaval]

Its not like Telkom has had any new erections for years!

Of course they do it's in their name: telkom