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According to Openserve, no official restoration timeline has been communicated by the consortium.
In the race to unlock value it commenced a sales process for the Swiftnet towers unit late last year, and it has engaged Bank of America to manage the sale of a stake in its Openserve fibre business.
Source: https://www.citizen.co.za/news/telkom-selling-wrong-pieces-itself/
Its four major businesses – Openserve, Gyro, Business Connexion Group (BCX) and Telkom Consumer – are together worth north of R50 billion.
Source: https://www.citizen.co.za/news/telkom-selling-wrong-pieces-itself/
The South African telecommunications group is working with Bank of America Corp. to gauge interest in the Openserve business from potential investors and strategic partners, a spokesperson said in an emailed response to Bloomberg queries.
Source: https://mybroadband.co.za/news/fibre/486239-telkom-kicks-off-sale-of-openserve.html