Saturday, 23 September 2017

Vodacom to rework Neotel takeover

By Mary Lennighan, Total Telecom
Monday 23 November 15

South African mobile operator requests postponement in Competition Tribunal hearing as it goes back to the drawing board on fixed operator acquisition.

Vodacom on Monday announced it is holding talks with Neotel with a view to renegotiating the takeover deal the pair brokered 18 months ago. The move appears to be linked to the regulatory hoops Vodacom will have to jump through in order to take control of Neotel. Referring shareholders to a statement it published in July detailing the regulatory requirements imposed on the deal…

Vodacom on Monday announced it is holding talks with Neotel with a view to renegotiating the takeover deal the pair brokered 18 months ago. The move appears to be linked to the regulatory hoops Vodacom will have to jump through in order to take control of Neotel. Referring shareholders to a statement it published in July detailing the regulatory requirements imposed on the deal…

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