Speaking at a media event in Johannesburg on Friday, Mupita said that although discussions between the two operators and advisors have taken place in the past, there are no talks between the parties or their advisors taking place currently.
"There are no discussions going on between MTN and Telkom and neither are the parties in discussion over a possible deal," said Mupita.
Bloomberg News on Thursday reported MTN was considering renewing talks to acquire Telkom, citing sources close to the matter, but Mupita has now firmly refuted this.