MTN Group, led by Zimbabwean executive Ralph Mupita, is exploring a potential takeover of Telkom SA. The Johannesburg-based telecom giant has reopened talks after stepping away from a deal two years ago, a move that could change the South African telecom landscape.
Telkom considers options amid MTN interest
Telkom is working with advisers to weigh its options if MTN makes a fresh bid, according to people familiar with the matter. Talks could progress before the end of the year, though there is no guarantee a deal will materialize. Both companies declined to comment.