Telkom Postpones its Mast and Towers Business Listing Following the Ruso-Ukraine Conflict

In an unprecedented fallout from the Russian-Ukrainian Conflict, Telkom has had to postpone its Mast and Towers Business Listing.

As a fallout from the Ruso-Ukraine Conflict, Telkom has postponed its listing of the mast and towers business. Before the unprecedented conflict, Swiftnet was going to be listed on the JSE by late 2022 however now their initial public offering (IPO) has been delayed.

“Given the recent global events, current market conditions and the impact on the capital markets, the board has resolved to postpone the separate listing of Swiftnet on the JSE.”

Statement by Telkom

More News

Never miss an update

Join 37,000 subscribers: Signup to our weekly newsletter and never miss an update:

GLAD THAT YOU ARE HERE!

Get the latest industry news delivered directly to your inbox!

Signup to get the latest news from the Media, Technology and Telecoms industry for Africa and the Middle East.

No thanks, just take me to the website.

SIGN UP NOW

Get the latest industry news delivered directly to your inbox!

Signup to get the latest news from the Media, Technology and Telecoms industry for Africa and the Middle East.

4438