Related Articles
Top Stories
May 27 2012 11:21
There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.
May 27 2012 11:49
The country's 200 000-odd Tupperware agents are angry about the counterfeit products being sold as the real McCoy.
May 27 2012 13:09
The oversupply of golf estates has claimed another victim.
Johannesburg - Telkom (TKG) said on Tuesday it was still in talks with Vodafone with regards to a proposal by a wholly-
owned subsidiary of the UK group to acquire a portion of Telkom's stake in Vodacom Group.
"The non binding proposal from Vodafone is subject to, inter alia, the company unbundling its remaining stake in Vodacom to Telkom shareholders. The discussions with Vodafone are still ongoing and shareholders are therefore advised to continue to exercise caution when dealing in Telkom securities until a further announcement is made," the fixed
telephone line operator said.
"In fulfilling its fiduciary responsibilities, the Telkom board is committed to concluding these discussions expeditiously," it added.
- I-Net Bridge