M&A Deal Summary

Liquid Telecommunications Holdings Acquires Neotel

On June 28, 2016, Liquid Telecommunications Holdings acquired communications company Neotel for 6.6B ZAR

Acquisition Highlights
  • This is Liquid Telecommunications Holdings’ 2nd transaction in the Communications sector.
  • This is Liquid Telecommunications Holdings’ 0th largest (disclosed) transaction.
  • This is Liquid Telecommunications Holdings’ 1st transaction in South Africa.

M&A Deal Summary
Date 2016-06-28
Target Neotel
Sector Communications
Buyer(s) Liquid Telecommunications Holdings
Deal Type Add-on Acquisition
Deal Value 6.6B ZAR

Target

Neotel

Johannesburg, South Africa
Neotel (Pty) Ltd. is a provider of wholesale, business and home customers with telecommunication services. Voice, data and Internet are offered through a single connection which equates to reduced costs to our consumers.

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Buyer(S) 1

Buyer

Liquid Telecommunications Holdings

London, United Kingdom
Category Company
Founded 2003
Sector Communications
DESCRIPTION

Liquid Telecommunications Holdings Ltd. is a provider of data, voice and internet protocol services.

DEAL STATS #
Overall 2 of 3
Sector (Communications) 2 of 2
Type (Add-on Acquisition) 2 of 3
Country (South Africa) 1 of 1
Year (2016) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-19 Realtime

Lusaka, Zambia

Realtime is an Internet Service Provider (ISP).

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-15 Startel Tanzania

Dar-es-salaam, Tanzania

raha is a provider of internet service that delivers connectivity solutions including fiber, satellite, WiMAX and Wi-Fi.

Buy -
Mergr

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