Telkom‘s CEO Sipho Maseko refuted media statements that MTN has expressed an interest in acquiring it.
He says that he is not evaluating any offer from any company. Maseko said this at the backdrop of the six months to September financial results.
Telkom’s mobile customer base has grown more than 18 percent. It now surpassed 16 million subscribers.
Profits were up by 30 percent in the period. The group’s fixed-line business however continued to shrink as customers migrate to new technologies. But Telkom says it has been able to transition from fixed line to fibre.
Source: eNCA
In other news – Paul Rudd named People’s Sexiest Man Alive
Paul Rudd has been crowned as 2021’s Sexiest Man Alive. Rudd, known for his starring roles in Marvel’s “Ant-Man” films, “This is 40” and “Clueless,” was revealed as this year’s winner Tuesday night on CBS.
The Late Show with Stephen Colbert. The actor tells the magazine in an issue out Friday that some will be surprised by him receiving the honour. Learn more
