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Cell C seeks answers on Vodacom-Neotel deal

Friday 19 June 2015 | 13:56 CET | News
South Africa operator Cell C is seeking answers on why Vodacom's ZAR 7 billion bid for Neotel was approved by the communications regulator. The company is threatening legal action to try to stop the acquisition, which is has opposed from the start. Cell C said it's concerned that four days since the approval of the Vodacom-Neotel transaction, Icasa has not published its decision nor explained the reasons for this decision. With the exception of comments attributed to the outgoing chairman Stephen Mncube in a news report, Icasa has remained mum on the approval of this transaction. Icasa

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Categories: Mobile & Wireless
Companies: Cell C / ICASA / NeoTel / Vodacom
Countries: South Africa
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