MTN Cancels Pending Acquisition Plan With Telkom

Africa’s largest mobile operator, MTN, has called off its merger and acquisition proposal with South Africa’s third largest mobile operator, Telkom. MTN claims it’s cancelling the acquisition proposal due to a lack of exclusivity. In a statement published in South Africa on Wednesday, Telkom SA confirmed that MTN had closed discussions over a possible acquisition. … Continue reading MTN Cancels Pending Acquisition Plan With Telkom