It reiterated that pilgrims require a Haj visa and it can be obtained through recognised official channels
Vodacom, jointly owned by Telkom and Britain's Vodafone, said on Friday it would also make a payment of about $25 million in relation to Gateway's high-yield bond.
Vodacom, South Africa's biggest operator, has been trying to muscle into high-growth markets on the rest of the continent, and said the Gateway deal would expand its presence in Nigeria, Africa's biggest mobile phone market, and other countries.
The deal will also help Vodacom reposition itself as a provider of converged communication services across Africa, rather than a pure mobile phone operator, the company said.
Telkom shares gained 1.87 percent to 142 rand by 0702 GMT, outpacing a slightly weaker Johannesburg Top-40 index of blue-chip stocks.
Britain's Vodafone, which already owns 50 percent of Vodacom, plans to win control of South Africa's biggest operator by buying part of Telkom's stake.
Gateway is Africa's largest independent provider of interconnection services via satellite and terrestrial network infrastructure. It provides services to African and international telecom companies.
Gateway also provides end-to-end connectivity services to multinational companies operating across Africa. The deal does not include privately owned Gateway's broadcasting business.
Gateway's sales totalled $257 million in the year to end December. Vodacom said it expected the deal to yield cost savings but did not give a figure. The transaction is subject to approval by the South African Reserve Bank and competition authorities. UBS is advising Vodacom on the deal.
It reiterated that pilgrims require a Haj visa and it can be obtained through recognised official channels
The 18-year-old was taken to hospital in a serious condition
The brothers, who say they are innocent, are accused of having formed an organised criminal network in early 2021 in Romania, as well as in the US and Britain
The left-handed batter scored 3369 runs in 136 one-day internationals and 2893 in 140 Twenty20 internationals — both Pakistan records
Food supplies were distributed to 80 households
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The online retailer, which is headquartered in Singapore, has said it has around 108 million monthly active users in the 27-nation EU
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