Bonesbreaker:
TMKSouth is been long bro hafa naw

TMKsouth:
South Africa’s MTN Group, the largest telecom in Africa and 2nd largest in its home nation has reportedly made a pitch to buy SA’s third largest telecom, Telkom . According to an anonymous insider who spoke to Bloomberg, Telkom has shown no interest in being taken over by the MTN Group.

It currently seems unclear if MTN will continue persuing the purchase of the semi-private telecom. “There is no deal on the table in relation to this matter,” MTN said in a statement after inquiries. Telkom itself has yet to comment on the reported offer.

Telkom currently has a market valuation of $1.94-billion, which pales in comparison to MTN’s valuation of $21-billion . A valuation that has steadily surged following a multi-year asset-disposal programme and a recent spike in the price of its shares of more than 177%.

On the surface it may be seem that the two companies are likeminded on certain things. Just last week, Telkom and MTN agreed on an rare multi-year roaming partnership, where Telkom will begin using MTN’s network.

[b]The over 40% state-owned Telkom, while a much smaller operator than MTN, controls SA’s largest landline network and sells mobile-phone packages.[/b] Its acquisition by MTN would position the Big Yellow Brand in a better spot to close the gap between it and its local rival, the top telecom in South Africa, Vodacom Group.

However, the deal would be tricky as Telkom’s semi-state owned nature would mean that support from the government of South Africa would be needed and a number of competition issues would have to be worked out before any money could actually change hands.

TMKsouth:


Yebo! it's been forever my man. I've been on a 7 week Nigerian detox plan

SEGLIZ:
yet we keep screaming government have no business being in business. still this system of government running cooperation still works in other clime.

SEGLIZ:
yet we keep screaming government have no business being in business. still this system of government running cooperation still works in other clime.

edoairways:
Has MTN SA commence 5G ?

Bonesbreaker:
why brother I seriously miss you here

TMKsouth:


I'm back now for the sake of my fans and total dismay of my detractors (and enemies who I would continue to demolish in broad daylight)

Bonesbreaker:
see this wan with fans Name one of your fans here

TMKsouth:


This bipolar Nigerian behaviour is so odd - I see it all the time. Didn't you just say you missed my work


Anyway, look below (my fans) - there's more from where that came from

lkillbrokehoes:
This xenophobic guy again

Hintona:
Dumela! Mr. TMKsouth

Jwonder:


Will you allow Buhari run your business?

TMKsouth:


Indeed, Telkom is a very well-run government entity and the national airline SAA has just adopted a similar model.

TMKsouth:


Hey, dumela Hintona! That was unexpected - you used my language. Very cool, how did u know

TMKsouth:


Hey, dumela Hintona! That was unexpected - you used my language. Very cool, how did u know

Hintona:


I saw it in a South African novel I just finished reading.

Dumela-singular
Dumelang-plural

I guessed. Is it correct?

Is it Xhosa or Zulu?

I already guessed it's Zulu

Were u reading No.1 Ladies Detective Agency by any chance - they use Dumelang a lot

SEGLIZ:
.
this is wonderful, the political class in hoodwinking us into believing it's done and can't work. the government is working tooth and nail to sell off Ajaokuta Steel Rolling Mill as scrap.

TMKsouth:


Were u reading No.1 Ladies Detective Agency by any chance - they use Dumelang a lot

Dumela/Dumelang is actually Sesotho and Setswana - the languages I speak.

In Xhosa you'd say Molo (singular) and Molweni (plural).

And in Zulu you'd say Sawubona (singular) or Sanibonani (plural).

Hintona:


I was reading a children's novel, The Hidden Star by K. Sello Duiker.

Yeah Sawubona was used a lot too.

Thanks.

Jwonder:


Will you allow Buhari run your business?