Tata Communications says Liquid Telecom and RBH sign pact to acquire Neotel

Tuesday, 28 Jun 2016 

Tata Communications Ltd : Liquid Telecom and RBH announce agreement to acquire Neotel . Shareholders of Neotel have agreed for Liquid Telecom to acquire Neotel for R6.55 billion . Liquid Telecom is partnering with Royal Bafokeng Holdings which has committed to take a 30% equity stake in Neotel .