Liquid Telecom offers R6.55bn for Neotel
Liquid Telecom CEO Nic Rudnick says the acquisition will give South Africa one of the best fibre networks.
Liquid Telecom CEO Nic Rudnick says the acquisition will give South Africa one of the best fibre networks.
At Vodacom’s annual results presentation this morning, a few related points stood out from the rands and cents.
Vodacom has said that the deal’s cancellation is due to certain conditions not being fulfilled,
No extra bandwidth for LTE will frustrate the red team, delight MTN and Cell C.
The revised structure will directly impact the approval from the Competition Tribunal.
Irregularities in the company indicated a possible non-compliance with the company’s internal procurements.
BEE and rolling out broadband to under privileged are the only two conditions that need to be met.
Third operator vents frustration at confusion over merger approval.
Vodacom is potentially buying something even better as Neotel grows.
Affordable uncapped LTE is finally a reality in South Africa.