The terms that the Competition Tribunal has imposed on Telkom and Business Connexion (BCX) over their impending merger are not an “undue burden” and the parties were happy to accept them
Browsing: BCX
The Competition Tribunal has approved Telkom’s R2,7bn acquisition of IT services group Business Connexion, paving the way for the deal to be consummated, albeit with conditions attached. It’s a case of second time lucky for Telkom, whose previous attempt
Government is not doing enough to create the environment necessary to grow South Africa’s information and communications technology sector and can learn from what other African countries, including Kenya and Rwanda, are doing in this regard
Dimension Data has asked the Competition Tribunal to impose additional constraints on Telkom if the telecommunications operator is allowed to buy listed IT services company Business Connexion. But BCX
Telkom is one step closer to completing its takeover of Business Connexion with news that the competition tribunal has set aside 30 July to 7 August for its hearing on the matter. Telkom has
Telkom’s fixed-line voice revenue has plummeted in the past year, falling by more than 13,4%, or almost R1,1bn. In its financial year to 31 March 2015, Telkom reported fixed-line voice usage revenue of less than R6,9bn, down from R7,9bn a year ago
Vodacom CEO Shameel Joosub said the telecommunications operator’s proposed R7bn acquisition of Neotel should have no conditions attached to it as it is “stepping up to the plate” to be South
It’s a case of second time lucky for Telkom and Business Connexion (BCX). The Competition Commission announced on Thursday that it has recommended to the Competition Tribunal that the
They make millions every year. But Telkom CEO Sipho Maseko and Vodacom CEO Shameel Joosub have agreed to spend a winter’s night on the cold streets of Johannesburg – and will even stump up a large amount
Business Connexion, the IT services group currently the subject of a R2,7bn takeover by Telkom, has turned in a robust performance in the six months ended 28 February 2015, with diluted headline earning per share rising by 23,6% on the back of a 16%