An Actis-led consortium has completed its acquisition of Telkom's tower business Swiftnet in South Africa. The consortium acquired Swiftnet for an enterprise value of around $370 million (ZAR6.75bn).

Swiftnet was acquired from Telkom The deal is valued at $370 million Swiftnet has more than 4,000 telecom tower sites across South Africa A consortium led by Actis has completed the $370 million ...