The independence of communications regulator Icasa is at stake in a tussle between the regulator and the department of telecommunications & postal services on how valuable spectrum will be assigned. It is common cause that the
Browsing: Neotel
Western Cape Premier Helen Zille has lamented the impact that criminals are having on the province’s ability to roll-out broadband in underserviced parts of the province. In the latest edition of her regular newsletter, Zille said criminals are
Vodacom acquisition target Neotel must table a roaming offer to all mobile operators interested in access to its spectrum before the two parties return to the Competition Commission to seek approval of the newly restructured deal. This follows a pre-hearing meeting at the
Vodacom will no longer acquire Neotel’s spectrum. Instead, the mobile operator has agreed that Neotel will offer a “roaming agreement” to all the mobile network operators. The surprise development comes after Vodacom and Neotel asked the
Sunil Joshi has stepped down as CEO of Neotel, five months after being suspended pending a board-led investigation into alleged corruption in a deal involving Transnet. His resignation comes less than two weeks after Neotel’s chief financial officer, who
Neotel’s chief financial officer, Steven Whiley, has resigned. Whiley was suspended from the telecommunications operator in July, along with CEO Sunil Joshi, over allegations of bribery related to a multibillion-rand contract at Transnet. In a tersely worded statement on Friday, Neotel said
Something significant transpired on Friday last week that prompted South Africa’s largest telecommunications operator, Vodacom, to review the structure of its acquisition of Neotel, a
Neotel chief corporate services officer Tracy Cohen has resigned. News of her resignation comes on the same day that Vodacom announced that it was in talks with Neotel and its shareholders – led by India’s Tata Communications – about a “revised transaction
Vodacom is in talks with Neotel and its shareholders about a “revised transaction structure”, the mobile group said in a statement to shareholders on Monday. But it has not explained what prompted it to re-look at the R7bn deal. The decision has forced
The Competition Tribunal has agreed to postpone a hearing regarding a R7bn merger between Vodacom and Neotel indefinitely. This comes after Vodacom released a market update earlier on Monday saying the company is exploring a “revised transaction structure” regarding the Neotel deal