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Did Cell C owner reject Telkom's bid?

2015-10-31 12:19:27| Telecom - Topix.net

Oger Telecom has rejected a R14 billion offer from Africa's largest fixed-line operator, Telkom SA, for its 75 percent stake in South African wireless carrier Cell C, according to a person familiar with the matter. Telkom is now conducting due diligence on whether to make a renewed offer for Dubai-based Oger's stake in South Africa's third-largest mobile-phone company, said the person, who asked not to be identified as the matter is private.

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