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NEOTEL SOUTH AFRICA
Sale of Tata-led Neotel will boost telecom across Africa: LTNeotel was granted a licence a decade ago amid hopes of fixed line costs coming down as it competed with state provider Telkom.- Tata Communications to sell African subsidiary Neotel for $428 millionLiquid Telecom, majority owned by Econet Wireless Global, entered into an agreement to acquire Neotel, the company said in a statement.
- Tata Comm to sell Neotel to Liquid Telecom, RBH for Rs 2,903 croreLiquid Telecom is partnering with Royal Bafokeng Holdings (RBH), a South African investment group, which is to take a 30 per cent equity st...
- Tata Communications' deal to sell Neotel to Vodacom lapsesThe company on December 10 last year had said that Neotel and Vodafone's South Africa subsidiary, Vodacom have concluded a modified transac...
- Tata Communications to sell Neotel stake to Vodafone South Africa armTransaction documentation relating to the restructured transaction was submitted to the Competition Tribunal (Tribunal), Tata Communication...
- Tata Comm concludes deal to sell Neotel fixed line to VodacomTata Communications today said it will sell majority of its subsidiary Neotel's fixed line assets to Vodacom South Africa but will retain c...
- Neotel, Vodafone South Africa renegotiating USD 498 million acquisition dealIn dollar terms, the value of transaction at that time was around USD 676 million which has come down to USD 498 million due to depreciatio...
- Tata-led Neotel takeover in South Africa under regulator scrutinyNeotel was established by a Tata-led consortium in 2006 as South Africa's second fixed-line operator to rival government-owned Telkom's mon...
- Vodacom in talks to buy Tata Comm-controlled NeotelVodacom today said it has entered into exclusive discussions regarding a potential acquisition of Neotel, controlled by Tata Communications.
- Tata-led Neotel, NIIT in educational partnership in South AfricaThe partnership, which was first announced at the recent BRICS summit in Durban, was officially launched at Neotel's head office.
- Tata-led Neotel expanding operations in South AfricaThe Tata-led telecom company Neotel is looking to expand its operations in South Africa as it introduces innovative offerings in a highly c...
- Tata Communications eyes African markets with Neotel expansionTata Communications plans to turn its South African arm Neotel into a $1-billion enterprise by expanding its footprint.
- Tata increases stake in Neotel to 56%The Indian corporate major Tata has bought another 30 per cent stake in the second South African network operator, Neotel, to increase its ...
- Tatas’ South African arm raises Rs 375 crTata group’s South African telecom arm, Neotel, has secured a total of Rs 375 crore (7.5 billion rand) in funding, including Rs 220 crore (...
- Tatas hike stake in SA's Neotel to 56%The Tata group has increased stake in its South African telecom venture, Neotel, by 30%, thereby taking the total equity in the communicati...
- Neotel buys Transtel for Rs 120 crWith a majority stake in Neotel, Tatas vie for top slot in South Africa.
- Transtel Telecoms laps up Neotel for $33 millionSouth African operator Neotel, in which the Tatas have 51% stake, has acquired Transtel Telecoms for around $33 million.
- Neotel acquires TransnetThe acquisition has been accepted in principle accepted by Transnet
- SA telco with Tata holding to kick off soonSouth Africa’s new telecom infrastructure company InfraCo, in which the Tatas (through its long distance arm VSNL) have picked up 26%, will...
- South Africa may hang up on TatasThe South African government may deal a blow to the Tatas’ telecom operations in their country.
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