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Telkom postpones listing cellular towers business on the JSE
Telkom informed shareholders on Wednesday that it has postponed the separate listing of its masts and towers business, which was scheduled to happen before 31 March 2022.
“Given the recent global events, current market conditions and the impact on the capital markets, the board has resolved to postpone the separate listing of Swiftnet on the [Johannesburg Stock Exchange],” Telkom stated.
Telkom informed shareholders on Wednesday that it has postponed the separate listing of its masts and towers business, which was scheduled to happen before 31 March 2022.
“Given the recent global events, current market conditions and the impact on the capital markets, the board has resolved to postpone the separate listing of Swiftnet on the [Johannesburg Stock Exchange],” Telkom stated.