The original article can be found here.
Article highlights:
- MTN terminated negotiations for Telkom’s takeover after it failed to receive assurances regarding exclusivity.
- Telkom’s board is also considering a separate offer presented by data-only operator, Rain, raising the prospect of a bidding war.
- But analysts say MTN may not have thrown in the towel completely, and may be back with another offer for SA’s third-biggest mobile operator.
