Tata increases shareholding in Neotel

19 Feb 2009

Neotel has announced Tata Communications has acquired the 30% stake previously held by Eskom and Transnet that it agreed to purchase in January for an undisclosed sum. Tata Communications, in association with Tata Africa Holdings, is now the controlling shareholder in Neotel with a 56% combined direct and indirect stake.

South Africa, Liquid Telecom South Africa