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Vodaphone weighs up new Vodacom bid
Mobile telecoms provider Vodafone has confirmed that it is in talks with the South African company Telkom to purchase a further 12.5 per cent stake in the two companies' joint venture Vodacom, according to reports.Reports are also circling that the New York-listed private equity firm Och-Ziff and a consortium of other investors are preparing a bid to buy Telkom, minus the Vodacom stake. A Vodafone spokesman told Reuters: "We can confirm that we're in discussions with Telkom to buy an additional stake in Vodacom. "However there are no assurances that such discussions will lead to a transaction being concluded," he added. According to Bloomberg, the sale of Telkom would constitute the largest foreign investment in a South African firm. A spokesperson for the government told the agency it would "await further details". Vodafone News posted on 03/06/2008 07:36:20 Have your say!Asda joins the mobile phone price war
Asda has claimed that it is the cheapest pay-as-you-go operator in Britain, after slashing prices.
Vodafone hikes up call charges
Vodafone has increased its call charges for its pay-as-you-go and contract customers.
Vodafone to open 50 new shops
Vodafone is to add 50 new shops to its 350-strong retail empire.
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