Telkom's position on IT acquisitions following media reports
Following media reports that Telkom may be looking at acquiring Dimension Data, Telkom would like to state its position:
- Revenue retention and the generation of growth is one of the Company's key strategies. Acquisitions and partnerships is a key component of this strategy and the Company intends to pursue opportunities in other countries which may include acquiring or partnering with IT companies.
- In relation to media reports regarding Telkom and Dimension Data, Telkom categorically states that it is not in discussions with Dimension Data or any of its shareholders with regards to a potential acquisition of Dimension Data.
- Telkom however may consider working with various companies including Dimension Data in Africa.
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