Telkom has renewed its cautionary announcement regarding negotiations with MTN SA.
According to the latest announcement the two companies remain in discussions regarding the potential extension of their existing roaming agreement to include bilateral roaming and outsourcing of the operation of Telkom’s radio access network.
If these negotiations are successfully concluded, they may have a material effect on the price of Telkom’s securities.
The parties will update shareholders as soon as they receive the appropriate legal and regulatory approvals.
Accordingly, shareholders are advised to continue exercising caution when dealing in Telkom securities until a further announcement in this regard is made.
