Perhaps the biggest surprise to come out of this week’s conditional approval by the Competition Commission of Vodacom’s R7bn acquisition of Neotel is not that the commission has attached stringent conditions to the
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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
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
Cellular operators MTN and Vodacom have finally launched services in the underground stations of the Gautrain public transport network that links Johannesburg, Sandton, Pretoria and OR Tambo
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
The government has sold its 13,91% stake in Vodacom to the Public Investment Corporation to help fund the R23bn allocation to Eskom, national treasury said in a statement on Wednesday. The national
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
At Telkom’s recent annual results presentation, CEO Sipho Maseko revealed an astonishing fact. He said there are now at least 25 companies building fibre-to-the-home broadband infrastructure in South Africa
Cell C has accused rival operators of “deliberate attempts” to prevent their clients from cancelling their contracts early by charging them “excessive and unreasonable” cancellation penalties. However, Cell C