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TELKOM SA SOC LIMITED - Further Cautionary Announcement relating to Negotiations with MTN South Africa

Release Date: 26/03/2015 09:00
Code(s): TKG     PDF:  
Wrap Text
Further Cautionary Announcement relating to Negotiations with MTN South Africa

Telkom SA SOC Limited
(Registration number 1991/005476/30)
JSE share code: TKG
ISIN: ZAE000044897
(“Telkom”)

FURTHER CAUTIONARY ANNOUNCEMENT RELATING TO NEGOTIATIONS WITH
MTN SOUTH AFRICA

Shareholders   are  referred   to   the   various  cautionary
announcements published on the Securities Exchange News
Service of the JSE Limited, the last of which was released on
12 February 2015.

Shareholders are further advised that Telkom and MTN South
Africa remain in discussions regarding the potential extension
of their existing roaming agreement to include bilateral
roaming and outsourcing of the operation of Telkom’s radio
access network, which if successfully concluded may have a
material effect on the price of Telkom’s securities. The
parties will update shareholders as soon as they receive the
appropriate legal and regulatory approvals.

Accordingly, shareholders are advised to continue exercising
caution when dealing in Telkom securities until a further
announcement in this regard is made.

Pretoria
26 March 2015

Sponsor
The Standard Bank of South Africa Limited

Date: 26/03/2015 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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