TELKOM has abandoned talks to buy Cell C after the fixed-line operator failed to agree a price with Cell C s majority owner, Oger Telecom.

It has become clear that there is a difference between the parties on the assessment of value of the proposed transaction, spokeswoman Jacqui O Sullivan said by e-mail on Thursday. As no agreement has been reached, Telkom and Oger Telecom today agreed to end all discussions.

Telkom shares gained 8% to R66.40 at 4.17pm on the JSE, valuing the Pretoria-based company at R35bn. The stock has fallen 4 ....etc

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Telkom Mobile (8Ta) pinless data bundles: This eliminates the schlep of converting airtime to data.

How does it work?
Register 8time as a permanent beneficiary within your internet banking, then make an EFT.
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