Monday, 05 December 2016

Tata's $460m Neotel deal all but done

By Mary Lennighan, Total Telecom
Wednesday 26 March 14

Indian firm will reportedly announce sale of South African business to Vodacom in next two months.

Tata Communications is close to brokering a deal to sell its South African telecoms business Neotel to local mobile operator Vodacom for $460 million, it emerged this week. The two companies admitted holding exclusive talks regarding Neotel in October last year but said there was no certainty that they would make a deal…

Tata Communications is close to brokering a deal to sell its South African telecoms business Neotel to local mobile operator Vodacom for $460 million, it emerged this week. The two companies admitted holding exclusive talks regarding Neotel in October last year but said there was no certainty that they would make a deal…

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