{"id":296635,"date":"2021-09-21T15:36:51","date_gmt":"2021-09-21T15:36:51","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=328066"},"modified":"2021-09-21T15:36:51","modified_gmt":"2021-09-21T15:36:51","slug":"telkom-south-africa-eyes-tower-unit-listing","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/09\/21\/telkom-south-africa-eyes-tower-unit-listing\/","title":{"rendered":"Telkom South Africa eyes tower unit listing"},"content":{"rendered":"

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\tTelkom South Africa told shareholders it was assessing a separate company listing for a business housing its mast and tower assets, with a final decision on the move expected by the end of its financial year in March 2022.<\/p>\n

In a Johannesburg Stock Exchange announcement the operator said it researched several options for the unit before making its decision to investigate a listing.<\/p>\n

The tower business operates as Swiftnet and has been running as a separate company for more than three years.<\/p>\n

Swiftnet owns and operates 6,200 towers in South Africa. It supplies various telecommunications services including passive mobile infrastructure, in-building coverage systems and small cells to its parent company and third parties.<\/p>\n

Any proceeds will be used by Telkom to reinvest in its core business and \u201crebase the balance sheet\u201d.<\/p>\n

Telkom was the third-largest of five operators in South Africa by connections at end-Q2 on almost 16 million, GSMA Intelligence data showed.<\/p>\n

It is currently switching its CEO, with Serame Taukobong set to take over from incumbent Sipho Maseko in June 2022 following a handover period of almost nine months.<\/p>\n

Telkom is one of many operators around the globe assessing their passive infrastructure assets [1] with a spate of sales to investment companies [2] and spin-off businesses taking place in recent years.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/vantage-european-tower-ma
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/telkom-indonesia-subsidiaries-strike-tower-deal<\/p>\n\n

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Telkom South Africa told shareholders it was assessing a separate company listing for a business …<\/p>\n

The post Telkom South Africa eyes tower unit listing<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":246,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Telkom South Africa eyes tower unit listing - ITTeacherITFreelance.hk","description":"Telkom South Africa told shareholders it was assessing a separate company listing for a business ... The post Telkom South Africa eyes tower unit listing appear"},"footnotes":""},"categories":[11,8],"tags":[9816],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/296635"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/246"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=296635"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/296635\/revisions"}],"predecessor-version":[{"id":296636,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/296635\/revisions\/296636"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=296635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=296635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=296635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}