Telkom's share price increased by 2. 9% following the announcement that all conditions have been met for the R6. 75 billion sale of its Swiftnet tower business to a consortium led by Actis and Royal ...

Telkom passes another hurdle in R6.75bn Swiftnet deal By Admire Moyo, ITWeb news editor.Johannesburg, 25 Mar 2025Swiftnet has extensive masts and towers infrastructure. Telkom is in the final stages ...

An Actis-led consortium has completed its acquisition of Telkom's tower business Swiftnet in South Africa. The consortium acquired Swiftnet for an enterprise value of around $370 million (ZAR6.75bn).

Telkom has completed the sale of its telecom tower business, Swiftnet, to a consortium led by global infrastructure investor Actis for R6.75 billion. The deal includes over 4 000 telecom tower ...