{"id":548809,"date":"2006-05-16T15:46:07","date_gmt":"2006-05-16T15:46:07","guid":{"rendered":"http:\/\/localhost:8888\/wordpress\/technology\/548809-telkom-a-bcx-lone-ranger-again.html"},"modified":"2006-05-16T15:46:07","modified_gmt":"2006-05-16T15:46:07","slug":"telkom-a-bcx-lone-ranger-again","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/technology\/548809-telkom-a-bcx-lone-ranger-again.html","title":{"rendered":"Telkom a BCX lone ranger again"},"content":{"rendered":"<p><font size=\"2\">On Tuesday afternoon, Business Connexion said the expression of interest it had received from an unnamed bidder in late April had been withdrawn. <\/p>\n<p>Word on the street was that either the second network operator (SNOTelecom) or an international outsourcing company like IBM or T Systems were vying for BCX. <\/p>\n<p>Telkom first announced it would offer BCX shareholders R9 in cash per share, together with a 25c a share dividend, on March 22. When Telkom first knocked on the BCX board\u2019s door last year, it was turned away with the board saying the offer was too cheap.<\/p>\n<p>Telkom has received support from five key BCX shareholders who between them hold \u201cin excess of\u201d 50% of the issued share capital. Among those supporting the deal is BCX\u2019s 25% black economic empowerment shareholder Gadlex, which is headed up by BCX deputy CEO Benjamin Mophatlane and his twin brother Isaac. <\/p>\n<p>BCX management was not available at the time of publication. <\/p>\n<p>BCX shares were trading 1,8% lower on Tuesday afternoon at R8,70 apiece.<\/font> <\/p>\n<p><a href=\"http:\/\/mybroadband.co.za\/vb\/showthread.php?t=43578\" target=\"_blank\" rel=\"noopener\"><font size=\"2\">Discuss this article<\/font><\/a> <\/p>\n<p \/>\n","protected":false},"excerpt":{"rendered":"<p>Fixed-line operator and 50% Vodacom parent Telkom is yet again the only official bidder for information technology outsourcing company Business Connexion.<\/p>\n","protected":false},"author":23,"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":[17],"tags":[],"class_list":["post-548809","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/548809"}],"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\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=548809"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/548809\/revisions"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=548809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=548809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=548809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}