Telkom has said the preferred bidder is a consortium of equity investors, including a Black Economic Empowerment partner, led and managed by a private equity firm. The operator, which spun off its ...

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).

SWIFTNet will have a profound affect on the way banks and other financial institutions exchange financial messages and instructions in the future. Logica business consultant Neil Gray unravels some of ...

Private equity firm Actis LLP is in talks to buy Swiftnet, the mast and tower business owned by South Africa’s Telkom SA SOC Ltd., according to people familiar with the matter. The deal would also ...

Swiftnet is a key player in the South African telecom market, with a fleet of around 4,000 masts and towers that lease co-location space to major mobile network operators. This extensive ...

Today, we open with a fresh deal that involves Actis agreeing to buy a 100 percent stake in a telecoms tower portfolio in South Africa. The upward trend in internet usage and data volumes are expected ...

eSpeaks' Corey Noles talks with Rob Israch, President of Tipalti, about what it means to lead with Global-First Finance and how companies can build scalable, compliant operations in an increasingly ...

Telkom has called on black empowerment companies to bid for a 30 percent stake in wholly owned subsidiary Swiftnet. Telkom has been struggling to get an empowerment partner for the company. In an ...

COPENHAGEN, Denmark — Sept. 6, 2005 — Today at Sibos 2005 Copenhagen, Microsoft Corp. announced that its corporate treasury department will link with its banking partners over SWIFTNet, SWIFT’s more ...