The addition of SwiftNet WiFi to Starr Holding Company's portfolio reinforces its growth strategy of investing in scalable, industry-leading digital solutions. SwiftNet WiFi delivers secure, ...

A consortium led by Actis, a global leader in sustainable infrastructure investment, has finalized the acquisition of Swiftnet, one of South Africa’s leading telecom tower operators. The deal secures ...

An Actis-led consortium has completed its acquisition of Telkom's tower business Swiftnet in South Africa. The consortium acquired Swiftnet for an enterprise value of around $370 million (ZAR6.75bn).

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Swiftnet was acquired from Telkom The deal is valued at $370 million Swiftnet has more than 4,000 telecom tower sites across South Africa A consortium led by Actis has completed the $370 million ...

A consortium led by Actis, an investor in sustainable infrastructure, has completed the acquisition of a 100 per cent stake in Swiftnet, a telecom tower portfolio in South Africa. The Actis-led ...

Swiftnet has extensive masts and towers infrastructure. Telkom is in the final stages of disposing of its masts and tower business housed in subsidiary Swiftnet. The proposed R6.75 billion deal will ...

Telkom’s share price inched up 4.3% to R37.60 on Monday morning after the State-owned telecoms firm t announced that it has fulfilled the suspensive conditions to proceed to closing of the disposal of ...

Telkom’s disposal of Swiftnet can go ahead, with most of the suspensive conditions having been met. Telkom today announced that all suspensive conditions preceding the disposal have been fulfilled ...

A sale that has been in the making since last year has finally reached the end stages. In March 2024, Telkom announced that Swiftnet, the division that owns its towers and masts, was the subject of an ...

The sale includes Swiftnet's portfolio of approximately 4,000 towers and masts. This divestiture will free Telkom up for strategic transformation, allowing it to concentrate on core operations and ...