Communications regulator Icasa intends imposing a 30% black economic empowerment requirement on Neotel as a condition of allowing Vodacom to buy the company. It may also require Neotel to roll out 25% of
Browsing: Competition Commission
Mobile operator Cell C, which is vehemently opposed to Vodacom acquiring rival Neotel’s spectrum assets, has welcomed a Competition Commission statement that the proposed transaction could prove to be
Vodacom’s share price shot up by more than 4% on Wednesday morning. The strong performance followed news on Tuesday evening that the Competition Commission has decided to recommend the approval of
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
Regulators’ approval of Vodacom’s R7bn bid to buy fixed-line business Neotel should worry Telkom, said an analyst. On Tuesday, the Competition Commission gave Vodacom the green light to buy Neotel for
More than a year after Vodacom made an all-cash, R7bn offer to buy Neotel, the Competition Commission has recommended that the deal be approved – but has also imposed a number of stringent conditions, including a
Vodacom has expressed cautious welcome over one regulator’s approval of its planned bid to buy Neotel. The Independent Communications Authority of South Africa earlier this week
Communications regulator Icasa has decided to approve Vodacom’s R7bn acquisition of Neotel, but has attached conditions to the deal. That’s the word from Icasa spokesman Paseka Maleka, who declined on Monday to say what the conditions are that
When Telkom CEO Sipho Maseko took the reins at the company in April 2013, it was “almost ready throw in the towel” on its loss-making mobile operation. Maseko made the remarks at the presentation
Telkom CEO Sipho Maseko says if Vodacom’s bid to buy Neotel is given the green light by regulators, it could make for “formidable” competition. Vodacom, which is South Africa’s largest mobile network with more