MTN eyes Telkom takeover

MTN is looking into acquiring the entire issued share capital of Telkom in return for shares, or a combination of cash and shares. The mobile operators have cautioned that the talks are at an early stage, and that there is no guarantee that a deal will be struck. Business Day TV spoke to Dominic Cull, Telecom lawyer and owner of Ellipsis Regulatory Solutions about the merits of a potential tie-up.