Neotel acquired by Econet Wireless

Neotel acquired by Econet Wireless

Econet Wireless has acquired Neotel for over R6.5bn. The buyer is partnering with Royal Bafokeng Holdings, which has committed to taking a 30% stake in Neotel, which has committed to taking a 30% stake in Neotel, according to a statement by Mumbai-based Tata...