If you`ve been following media reports over the past two months, chances are good that you would have noticed some speculation in the market centred on Telkom`s plans for its stake in Vodacom and a possible deal with MTN. Unfortunately, you`re not going to find any confirmed facts in this article – news on this topic is extremely thin at the moment, since all of the companies are under cautionary. Speculation and opinion, on the other hand, is not.

The theory so far is that Telkom is looking to unload its shareholding in Vodacom to Vodafone, which has been chomping at the bit to gain a larger stake in the local mobile telco. This part of the theory makes sense. Besides making good money for Telkom, its shareholding in Vodacom hasn`t exactly seen many synergies being developed between the two companies. It`s not through lack of trying since Telkom and Vodacom have been wanting to roll out converged services for some time now.