Liquid Telecom acquires South African fixed telecoms provider Neotel

By Nigel Gambanga

African telecoms carrier and Econet Wireless Group subsidiary Liquid Telecom has acquired a controlling stake in Neotel, the South African fixed telecoms operator. This comes after Tata Communications, the majority shareholder of Neotel (it holds 68,5%) entered into an agreement to dispose of its stake for 6.55 billion Rand (US $431,549 million). According to reports, […]

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Liquid Telecom acquires South African fixed telecoms provider Neotel