Telkoms position on IT acquisitions following medi
TKG
TKG
Telkom"s position on IT acquisitions following media reports
Telkom SA Limited
(Registration Number 1991/005476/06)
ISIN ZAE000044897
JSE and NYSE Share Code TKG
("Telkom")
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.
10 February 2006
Date: 10/02/2006 02:44:43 PM Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.