Telkom is inviting interested companies to bid for its subsidiary Swiftnet, which has been struggling to find an empowerment partner since 2001. Swiftnet, which trades as Fastnet Wireless Service and ...

Telkom has said the preferred bidder is a consortium of equity investors, including a Black Economic Empowerment partner, led and managed by a private equity firm. The operator, which spun off its ...

South African telco Telkom is weeks away from selling its masts and towers business, Swiftnet. The Group's CEO Serame Taukobong disclosed the plans to South African publication Tech Central, noting ...

SWIFTNet will have a profound affect on the way banks and other financial institutions exchange financial messages and instructions in the future. Logica business consultant Neil Gray unravels some of ...

Actis will acquire over 4000 sites across South Africa The investment is Actis’ ninth in digital infrastructure sector Actis is a global investor in sustainable infrastructure Actis, together with ...

Today, we open with a fresh deal that involves Actis agreeing to buy a 100 percent stake in a telecoms tower portfolio in South Africa. The upward trend in internet usage and data volumes are expected ...

Private equity firm Actis LLP is in talks to buy Swiftnet, the mast and tower business owned by South Africa’s Telkom SA SOC Ltd., according to people familiar with the matter. The deal would also ...

Swiftnet is a key player in the South African telecom market, with a fleet of around 4,000 masts and towers that lease co-location space to major mobile network operators. This extensive ...

"Swiftnet" the company formed by Bizness Connect.Com to deliver it's high speed wireless broadband to the regions it has licences to serve in has received confirmation that the infrastructure it will ...

Up to 19 banks have been lined up for pilot trials of a new SwiftNet service for automating payments exceptions across the financial messaging network. The pilot trials, scheduled to begin in October, ...