{"id":1768,"date":"2007-10-26T18:19:00","date_gmt":"2007-10-26T16:19:00","guid":{"rendered":""},"modified":"2007-10-26T18:19:00","modified_gmt":"2007-10-26T16:19:00","slug":"will-telkom-become-chinese","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/cellular\/1768-will-telkom-become-chinese.html","title":{"rendered":"Will Telkom become Chinese?"},"content":{"rendered":"<p>News emerged today that China Mobile may be looking at acquiring a stake in the mobile giant MTN. China Mobile look determined to gain a strong foothold in emerging markets which makes MTN a prime target. This speculation caused the MTN share price to surge by over 6 % on today&rsquo;s trade. <\/p>\n<p>MTN has been engaging in talks with Telkom about a potential acquisition of its fixed line assets. This creates a scenario where a foreign company in the form of China Mobile may own a large stake in South Africa&rsquo;s fixed line assets through Telkom.<\/p>\n<p>In 1997 SBC Communications and Malaysia Telekom took a combined stake of 30% in Telkom, something which many believe was partly to blame for Telkom&rsquo;s monopoly status, high telecoms rates and litigious nature.<\/p>\n<p>Talks that Telkom, South Africa&rsquo;s most pivotal telecoms provider, may once again have a foreign owner calling the shots may be cause for concern for certain segments of the local industry. <\/p>\n<p><a href=\"http:\/\/mybroadband.co.za\/vb\/showthread.php?t=91884\">Comments<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Speculation is rife that China Mobile may be acquiring a stake in MTN, who are in turn looking at possibly acquiring Telkom\u00e2\u20ac\u2122s fixed line assets.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-1768","post","type-post","status-publish","format-standard","hentry","category-cellular"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/1768"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=1768"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/1768\/revisions"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=1768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=1768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=1768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}