Telkom has received the go-ahead from the Takeover Regulation Panel and the JSE for its R2,7bn all-cash acquisition of IT services group Business Connexion (BCX), meaning it has now received all of the necessary regulatory approvals. The news comes in the
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
If Vodacom is allowed access to Neotel’s radio frequency spectrum assets, it will give the mobile operator an “unfair advantage” over MTN and other players in the telecommunications industry
Telkom on Friday filed an application at the high court in Pretoria seeking to set aside Icasa’s recent decision to approve the transfer of Neotel’s licences to Vodacom because the communications regulator has failed to adequately take into account various considerations
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
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
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
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
