In Short: Telkom South Africa plans to sell its masts and towers business in Swiftnet for ZAR 6.75 billion to unlock value and strengthen its balance sheet. The sale agreement with Towerco Bidco, led by Actis and RBH, is subject to shareholder approval. Proceeds will be used to reduce debt and invest in core businesses […]This news is sourced from India Telecom News.
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