Telkom declines to buy Broadband Infraco - report

Thursday 23 June 2016 | 09:35 CET | News
South Africa's Telkom has walked away from buying Broadband Infraco after the companies could not agree on a price, Techcentral reported. Citing a source, TechCentral said that Telkom offered to pay ZAR 1 for the beleaguered state-owned fibre infrastructure company, while Infraco wanted several hundred million rand.

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Categories: Fixed
Companies: Broadband infraco / Telkom
Countries: South Africa
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