MTN not in talks to acquire Telkom, CEO says
JOHANNESBURG: Africa’s biggest mobile operator MTN Group is not in active talks about reviving a potential acquisition of smaller South African rival Telkom, either with Telkom or internally, group CEO Ralph Mupita said on Friday.
Mupita made the comments after Bloomberg reported on Thursday, citing people familiar with the matter, that MTN is considering reviving talks to acquire Telkom, which has the country’s largest fibre assets.
