Tuesday, 27 June 2017

Liquid Telecom to buy Neotel for €390m

By Mary Lennighan, Total Telecom
Tuesday 28 June 16

India's Tata brokers new deal to exit its South African operation.

Tata Communications and minority shareholders have agreed to sell South African operator Neotel to Liquid Telecom for 6.55 billion rand (€390 million), it announced on Tuesday. Under the terms of the deal, Liquid Telecom will partner with South African empowerment investment group Royal Bafokeng Holdings (RBH)…

Tata Communications and minority shareholders have agreed to sell South African operator Neotel to Liquid Telecom for 6.55 billion rand (€390 million), it announced on Tuesday. Under the terms of the deal, Liquid Telecom will partner with South African empowerment investment group Royal Bafokeng Holdings (RBH)…

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