{"id":18287,"date":"2022-08-02T09:09:30","date_gmt":"2022-08-02T09:09:30","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/mtn-in-talks-to-buy-telkom"},"modified":"2022-08-02T09:53:57","modified_gmt":"2022-08-02T09:53:57","slug":"mtn-in-talks-to-buy-telkom","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/mtn-in-talks-to-buy-telkom","title":{"rendered":"MTN in talks to buy Telkom"},"content":{"rendered":"

Africa-Press – Lesotho. <\/strong><\/span>SOUTH AFRICAN Telecommunications companies MTN and Telkom told their shareholders that they have entered into a formal discussion with view to MTN buying Telkom.
\nIn similar statements released on the Johannesburg Stock Exchange on Friday, both companies said the discussions were about MTN acquiring the entire issued share capital of partially state-owned Telkom, in return for shares or a combination of cash and shares in MTN.
\nIf the deal goes through, MTN will have to buy out the government, as it holds a 40% stake in Telkom, while the Public Investment Corporation owns a further 14% of Telkom\u2019s equity.<\/p>\n

The companies said the discussions were at an early stage, and there was no certainty that the transaction would be consummated. \u201cThe transaction, if concluded, may have a material effect on the price of the company\u2019s securities.<\/p>\n

Accordingly, shareholders are advised to exercise caution when dealing with the company\u2019s securities until a further announcement is made,\u201d they added.
\nIn its latest results, MTN announced that it had left Yemen and Syria to simplify its portfolio and focus on a Pan-African strategy under its Ambition 2025 plan.<\/p>\n

For More News And Analysis About Lesotho<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Lesotho. SOUTH AFRICAN Telecommunications companies MTN and Telkom told their shareholders that they have entered into a formal discussion with view to MTN buying Telkom. In similar statements released on the Johannesburg Stock Exchange on Friday, both companies said the discussions were about MTN acquiring the entire issued share capital of partially state-owned […]<\/p>\n","protected":false},"author":84,"featured_media":18286,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,9,16],"tags":[233,246,424,245],"class_list":["post-18287","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-miscellaneous","category-twitter","tag-africa-press","tag-africa-press-lesotho","tag-government","tag-lesotho"],"yoast_head":"\nMTN in talks to buy Telkom - Lesotho<\/title>\n<meta name=\"description\" content=\"SOUTH AFRICAN Telecommunications companies MTN and Telkom told their shareholders that they have entered into a formal d ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/mtn-in-talks-to-buy-telkom\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MTN in talks to buy Telkom\" \/>\n<meta property=\"og:description\" content=\"SOUTH AFRICAN Telecommunications companies MTN and Telkom told their shareholders that they have entered into a formal d ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/mtn-in-talks-to-buy-telkom\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-02T09:09:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-02T09:53:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/08\/postQueueImg_11.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"421\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/mtn-in-talks-to-buy-telkom#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/mtn-in-talks-to-buy-telkom\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"MTN in talks to buy Telkom\",\"datePublished\":\"2022-08-02T09:09:30+00:00\",\"dateModified\":\"2022-08-02T09:53:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/mtn-in-talks-to-buy-telkom\"},\"wordCount\":203,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/mtn-in-talks-to-buy-telkom#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/08\/postQueueImg_11.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Lesotho\",\"government\",\"Lesotho\"],\"articleSection\":[\"all news\",\"homepage-english\",\"miscellaneous\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/mtn-in-talks-to-buy-telkom#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/mtn-in-talks-to-buy-telkom\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/mtn-in-talks-to-buy-telkom\",\"name\":\"MTN in talks to buy Telkom - 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