The Competition Commission has approved the proposed acquisition of Independent News & Media South Africa by Sekunjalo Independent Media, it was announced on Sunday. The final transfer of ownership was expected to be completed on 15 August, Independent South Africa CEO Tony Howard said in a statement. The approval of the deal was subject
Browsing: Competition Commission
The Competition Tribunal has given “formal confirmation” to the settlement agreement reached between the Competition Commission and Telkom, the telecommunications operator said on Thursday. The agreement has been made an order of the tribunal, Telkom said. “This agreement
Competition cases, such as the two Telkom recently agreed to settle with South Africa’s Competition Commission, are outside the purview of the law, exploit public distrust of private-sector companies, enrich competition authorities and extract shareholder funds from companies by encouraging executives
The Competition Tribunal on Wednesday appeared set to agree to the terms of a settlement reached between the Competition Commission and Telkom concerning anticompetitive abuses by the operator between 2005 and 2007. The settlement includes payment
MultiChoice is moving to cement its position in South Africa’s pay-television industry, on Tuesday announcing that its SuperSport subsidiary plans to launch two new sports channels in high definition on the DStv platform. SuperSport 5HD and SuperSport 6HD will be introduced in 23 July, the company said in a statement
Government has listened! Within days of newly appointed communications minister Yunus Carrim stepping into the shoes of his predecessor, the Electronic Communications Amendment Bill and the Independent Communications Authority of South Africa (Icasa) Amendment Bill
The Competition Tribunal is this week set to hear arguments related to the settlement agreement reached between the Competition Commission and Telkom in June.
The agreement with the commission is subject to approval by the tribunal, which will hear the matter on Thursday and Friday this
iBurst parent Wireless Business Solutions (WBS) may be close to signing a deal with either Vodacom or MTN to build a national 4G broadband network based on long-term evolution technology, TechCentral has learnt. Mtshali says WBS has had extensive discussions with
Telkom may be planning to spin off its copper-based network assets into a special purpose vehicle (SPV), a speculative news report suggests, but it’s unclear why the company would agree to such a move. In an entry posted late on Thursday night, a consumer forum site said it had spoken to unnamed sources – the website didn’t
Despite Telkom’s tough talk about learning from its mistakes, taking hard decisions and rising like a phoenix from the ashes, investors are simply indifferent to the promises made by Africa’s largest integrated communications company. The news of a R12bn write-down in assets in Telkom’s results