Telkom back in court
·2 Apr 2012
Telkom (TKG) has been forced to stop its planned R13 billion network overhaul after infrastructure provider, ZTE Mzansi won a court order on Friday to halt the project, Reuters reported, citing Business Day.
ZTE Mzansi, a joint venture between China’s ZTE Corp and local black-owned companies, took Telkom to court after being disqualified from a bidding process related to the project, the report said.
Telkom said it was reviewing the court judgement.
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