Liquid Telecom buys Neotel for ZAR 6.55 bln

Tuesday 28 June 2016 | 08:33 CET | News
Tata Communications and minority shareholders led by Nexus Connexion have agreed to sell South African operator Neotel to Liquid Telecom for ZAR 6.55 billion. Liquid Telecom is partnering with Royal Bafokeng Holdings (RBH), a South African empowerment investment group, which has committed to take a 30 percent equity stake in Neotel.

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Categories: General
Companies: Liquid Telecom / NeoTel / Tata Communications
Countries: South Africa
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I like it proudly South African,and would like to register an account with Tlecompaper.
Vusi Msibi @ 29/6/2016 - 01:26

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