South African telco Telkom is weeks away from selling its masts and towers business, Swiftnet. The Group's CEO Serame Taukobong disclosed the plans to South African publication Tech Central, noting ...

The Department of Communications and Digital Technologies (DCDT) congratulated Telkom on its “phenomenal” results, with Minister Solly Malatsi hailing it as “a key enabler of South Africa’s digital ...

A sale that has been in the making since last year has finally reached the end stages. In March 2024, Telkom announced that Swiftnet, the division that owns its towers and masts, was the subject of an ...

An Actis-led consortium has completed its acquisition of Telkom's tower business Swiftnet in South Africa. The consortium acquired Swiftnet for an enterprise value of around $370 million (ZAR6.75bn).

Telkom has received the green light from the Independent Communications Authority of South Africa (Icasa) for the disposal of its masts and towers business, Swiftnet. This clears the runway to land ...

You can also listen to this podcast on iono.fm here. JIMMY MOYAHA: Premier Group wasn’t the only company that gave us an update on their performance. As I mentioned at the top of the show, Telkom ...

Swiftnet was acquired from Telkom The deal is valued at $370 million Swiftnet has more than 4,000 telecom tower sites across South Africa A consortium led by Actis has completed the $370 million ...

A consortium led by Actis, a global leader in sustainable infrastructure investment, has finalized the acquisition of Swiftnet, one of South Africa’s leading telecom tower operators. The deal secures ...

A consortium led by Actis, an investor in sustainable infrastructure, has completed the acquisition of a 100 per cent stake in Swiftnet, a telecom tower portfolio in South Africa. The Actis-led ...