Vodafone deal would free Vodacom's African dreams

10/14/2008 | Times (Johannesburg), The · Bloomberg

Telkom South Africa's decision to sell Vodafone a controlling stake in Vodacom would release Vodacom from a shareholder agreement that prevents it from competing against Vodafone in certain parts of Africa, a move that analysts say Vodacom is eager to pursue. Such a deal might also spark Telkom to offer a special dividend to its shareholders.

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Times (Johannesburg), The · Bloomberg

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