Thintana to offload half its Telkom stake

16 Jun 2004

Thintana Communications, a consortium of SBC Communications and Telekom Malaysia which owns a 30% stake in South African PTO Telkom SA, says it is to sell off nearly half its interest in the telco, confirming widespread speculation that it wants to exit the company altogether. Upon completion of the sale Thintana will hold around 15.1% of Telkom.

South Africa, Telkom South Africa, Thintana Communications