Laptop Parts South Africa > News > Tech News > Afrifund Investments > Sipho Maseko said Telkom was worth R108 per share — but only wanted to pay R46

Sipho Maseko said Telkom was worth R108 per share — but only wanted to pay R46

June 15, 2023 Afrifund Investments, Axian Telecom, Headline, Serame Taukobong, Sipho Maseko, Tech News, Telecoms, Telkom
Former Telkom CEO Sipho Maseko told investors in 2020 that Telkom was worth R53 billion, equating to a share price of R108. However, he reportedly led a consortium that offered R46 per share to buy a majority stake in the company.
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