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
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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
The Competition Tribunal at the weekend agreed to postpone a hearing into the proposed R7bn acquisition of Neotel by Vodacom. This comes after Vodacom and Neotel brought an application for a postponement of the hearing that was scheduled to start on Monday
As Telkom walked away from buying Cell C this week, the mobile operator’s parent, the Dubai-headquartered Oger Telecom, has said a sale is not the only option under consideration. Although
Telkom has abandoned a plan to acquire Cell C. The telecommunications operator told shareholders on Thursday afternoon that it had walked away from a deal to acquire South Africa’s third mobile licensee
Cell C has demonstrated download speeds across an LTE Advanced network at the AfricaCom trade show in Cape Town of as much as 138Mbit/s. The operator can’t, however, deploy the technology without
Vodacom’s troubled relationship with the controlling shareholder of its minority partner in the Democratic Republic of Congo is once again emerging as a thorn in the telecommunications
In financial results for the six months to end September released yesterday, fixed and mobile operator Telkom revealed that the…