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SWIFTNet will have a profound affect on the way banks and other financial institutions exchange financial messages and instructions in the future. Logica business consultant Neil Gray unravels some of ...

Private equity firm Actis LLP is in talks to buy Swiftnet, the mast and tower business owned by South Africa’s Telkom SA SOC Ltd., according to people familiar with the matter. The deal would also ...

Swiftnet is a key player in the South African telecom market, with a fleet of around 4,000 masts and towers that lease co-location space to major mobile network operators. This extensive ...

Telkom has said the preferred bidder is a consortium of equity investors, including a Black Economic Empowerment partner, led and managed by a private equity firm. The operator, which spun off its ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Under the proposals, which were publicly aired at a Swift ...

The sale includes Swiftnet's portfolio of approximately 4,000 towers and masts. This divestiture will free Telkom up for strategic transformation, allowing it to concentrate on core operations and ...

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 ...

The Competition Commission (CompCom) has approved, with conditions, the proposed R6.75 billion deal whereby TowerCo intends to acquire tower and mast business Swiftnet from Telkom. Swiftnet, a key ...

Telkom has sold its Swiftnet mast and tower business to a consortium of equity investors for R6.75 billion. The company today announced a step forward in its strategic transformation with the ...

Johannesburg - Telkom has sold a 30% stake in unit Swiftnet for R55m to the Radio Surveillance Consortium (RSC), it said on Wednesday. State-controlled Telkom, Africa's biggest telecoms company, said ...