As Vodacom on Wednesday awaited details of conditions of the Independent Communications Authority of South Africa’s approval of its R7b bid for Neotel, eyes turned to the country’s competition authority, which is also scrutinising the deal.
The transaction, proposed more than a year ago, would allow Vodacom to provide fixed line services to homes and businesses, making the company a strong competitor to Telkom or provide, in the worlds of Vodacom chief executive Shameel Joosub, “a worthwhile alternative to Telkom”. Telkom chief executive Sipho Maseko was reported as saying last week that the deal would make for formidable competition in the market.
Full content: Business Day
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI