Business Connexion-Telkom merger is still on course

Thursday 2 April 2015 | 11:20 CET | News
South Africa's Business Connexion (BCX) says that Telkom has made an offer to acquire the entire share capital of BCX by way of a scheme of arrangement, MyBroadband reported According to BCX, the Long-Stop Date has been extended from 31 March to 30 April in order to extend the time available for the completion of the regulatory approval processes.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Business Connexion / ICASA / Telkom
Countries: South Africa
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


South Africa sets Telkom-BCX takeover hearing date

Published 01 Jul 2015 10:44 CET | South Africa
South Africa's Competition Tribunal has set aside 30 July to 07 August for its hearing of Telkom's planned takeover of Business ...

BCX sets up computer lab at Limpopo school

Published 18 May 2015 09:57 CET | South Africa
Business Connexion (BCX) has created a sustainable learning environment at Matladi High School, in the community of ...

Telkom receives approval to buy BCX with conditions

Published 14 May 2015 16:33 CET | South Africa
South Africa's Competition Commission announced that it has recommended to the Competition Tribunal that Telkom's ZAR 2.7 billion ...

Telkom, BCX extend merger deadline again

Published 04 May 2015 15:07 CET | South Africa
South Africa operator Telkom and ICT firm Business Connexion (BCX) missed the deadline of 30 April to complete their merger, as ...

South Africa's Telkom cuts wholesale prices by up to 63%

Published 24 Apr 2015 08:15 CET | South Africa
South Africa's Telkom Wholesale Services has announced price reductions of up to 63 percent across its product range, including ...

COMESA approves Telkom, BCX deal

Published 17 Mar 2015 09:42 CET | South Africa
South Africa's fixed line operator Telkom's proposed purchase of Business Connexion (BCX) has been approved by the Common Market ...

BCX inks 3 year data services deal with Vaninga

Published 18 Feb 2015 14:08 CET | Mozambique
Vaninga, a subsidiary of Athlone Investments (APIO), said it has received a letter of intent from Business Connexion (BCX), ...

Telkom, BCX withdraw Icasa application for licence transfer

Published 04 Feb 2015 10:40 CET | South Africa
South Africa's operator Telkom and Business Connexion (BCX) have withdrawn their application to the Independent Communications ...