SWIFTNet will have a profound affect on the way banks and other financial institutions exchange financial messages and instructions in the future. Logica business consultant Neil Gray unravels some of ...

Telkom has said the preferred bidder is a consortium of equity investors, including a Black Economic Empowerment partner, led and managed by a private equity firm. The operator, which spun off its ...

An Actis-led consortium has completed its acquisition of Telkom's tower business Swiftnet in South Africa. The consortium acquired Swiftnet for an enterprise value of around $370 million (ZAR6.75bn).

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Trax will initially use SWIFTNet to provide a single interface for ...

Today, we open with a fresh deal that involves Actis agreeing to buy a 100 percent stake in a telecoms tower portfolio in South Africa. The upward trend in internet usage and data volumes are expected ...

Private equity firm Actis LLP is in talks to buy Swiftnet, the mast and tower business owned by South Africa’s Telkom SA SOC Ltd., according to people familiar with the matter. The deal would also ...

The sale includes Swiftnet's portfolio of approximately 4,000 towers and masts. This divestiture will free Telkom up for strategic transformation, allowing it to concentrate on core operations and ...

Swiftnet is a key player in the South African telecom market, with a fleet of around 4,000 masts and towers that lease co-location space to major mobile network operators. This extensive ...

Actis will acquire over 4000 sites across South Africa The investment is Actis’ ninth in digital infrastructure sector Actis is a global investor in sustainable infrastructure Actis, together with ...

Telkom is in the final stages of disposing of its masts and tower business housed in subsidiary Swiftnet. The proposed R6.75 billion deal will see TowerCo acquire Swiftnet from Telkom. Swiftnet, a key ...

TELKOM today announced that it was placing its plan to pursue a separate listing of its masts and towers business, Swiftnet, on ice due to “recent global events, current market conditions and the ...