Telkom kicks off sale of Openserve
Telkom SA SOC has kicked off the sale of a stake in its fiber business, as it seeks to unlock value for shareholders and boost profit.
The South African telecommunications group is working with Bank of America Corp. to gauge interest in the Openserve business from potential investors and strategic partners, a spokesperson said in an emailed response to Bloomberg queries.
Telkom SA SOC has kicked off the sale of a stake in its fiber business, as it seeks to unlock value for shareholders and boost profit.
The South African telecommunications group is working with Bank of America Corp. to gauge interest in the Openserve business from potential investors and strategic partners, a spokesperson said in an emailed response to Bloomberg queries.