For more than three years, Telkom has grappled with the question of how to best manage its portfolio of properties, masts and towers.
Towers and masts were considered vital to a company’s competitive standing. But as more mobile operators have started to share their infrastructure to reduce costs and improve coverage, towers and masts have instead become valuable assets that companies are increasingly looking to monetise. Telkom’s announcement about the listing of Swiftnet sent its share price as much as 17% higher on the JSE, adding R3.3-billion to its market value. Its share price eventually finished 15% higher on Tuesday to R43.20. Investors have long expected the move by Telkom to reform the operational structure of its telecommunications infrastructure.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Telkom shares soar on news of masts and towers unit listingThe telecoms operator has been working on a plan to release billions of rand trapped in its sprawling structure
Source: BDliveSA - 🏆 12. / 63 Read more »
Telkom launches the SME Relief Project to rebuild small businessesSPONSORED | More than 11,000 Telkom Business customers have been affected by the unrest and TelkomZA is committed to helping these businesses rebuild and stay connected. Appreciation they say is an application for more. If I fall to acknowledge you Michael_Jeff_ it will shows how ungrateful I am. i am really grateful to a man who God has used in blessing me and my family in general, guaranteed,trade with him now and thank me later All my experience happens to be total failure but i never gave up because i knew it was going to work out for me someday, fortunately am smiling today by getting involved with a manager I came across on a Tweet lisamiaBTC all I can say is she is the best of all. I was referred to him by a friend online and I thought is a scam ...but I was moved to try and here I earned.. just want to share this to people too. Micheal_addy_
Source: SowetanLIVE - 🏆 13. / 63 Read more »
JSE claws back after Monday’s sell offThat was primarily driven by concerns about Evergrande, the Chinese property development firm with a liquidity crisis My first experience happens to be a failure but i never gave up cause i knew it was going to work out for me trying continuously, fortunately i'm smiling today by getting involved with peterniecy
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: JSE claws its way back from Monday’s routReassurances from beleaguered China Evergrande offer some relief but analysts point to other negative factors
Source: BDliveSA - 🏆 12. / 63 Read more »
Loss-making Ascendis considers JSE delistingThe remaining assets may not be enough to justify listing costs, the group said before a shareholder vote on its restructuring plan I was referred to him by a friend online and I thought is a scam ...but I was moved to try and here I earned.. just want to share this to people too. Micheal_addy_
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: JSE slips on China risks, caution ahead of central bank meetingsJSE all share index has its biggest one-day drop in four weeks
Source: BDliveSA - 🏆 12. / 63 Read more »