Telkom South Africa’s Potential Takeover: Challenges and Opportunities
Telkom South Africa has recently confirmed receiving a non-binding indicative letter from a consortium seeking a majority stake in the company. The consortium reportedly consists of Axian Telecom and the Government Employees Pension Fund, managed by the Public Investment Corporation. Interestingly, the group is led by Telkom’s former CEO, Sipho Maseko. At this point, discussions…