Telkom

Telkom is a leading telecommunications company based in South Africa. Established in 1991, it was initially a government-run entity under the Department of Posts and Telecommunications. The company's ownership has seen significant changes over the years. It was partially privatised in 2003, with 30% of its shares sold to Thintana Communications, a consortium consisting of SBC Communications and Telekom Malaysia. However, by 2007, both SBC Communications and Telekom Malaysia had sold their shares, returning the majority ownership to the South African government. Today, the government, through the Public Investment Corporation, remains the largest shareholder, with other shares publicly traded on the Johannesburg Stock Exchange.