Tuesday, 18 December 2018

Vodacom looks to add spectrum, fibre assets with Neotel deal

By Mary Lennighan, Total Telecom
Tuesday 01 October 13

Merger of two South African operators would create stronger competitor, but would also attract regulatory scrutiny.

Vodacom is looking to bulk up its South African business and at the same time create a more credible competitor for incumbent operator Telkom by acquiring Neotel. The pair on Monday confirmed that they are holding talks that could lead to Vodacom buying 100% of Neotel's shares. Neotel's majority shareholder is India's Tata Communications, which holds a stake of 67…

Vodacom is looking to bulk up its South African business and at the same time create a more credible competitor for incumbent operator Telkom by acquiring Neotel. The pair on Monday confirmed that they are holding talks that could lead to Vodacom buying 100% of Neotel's shares. Neotel's majority shareholder is India's Tata Communications, which holds a stake of 67…

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