Telkom, MTN mobile merger rejected by competition regulator

Monday 17 August 2015 | 15:06 CET | News
South Africa's Competition Commission has rejected Telkom and MTN's proposed cooperation in the mobile market, saying it will not recommend the deal to the Competition Tribunal. Telkom CEO Sipho Maseko said in a statement that the deal will not proceed, in order to avoid a "protracted Competition Tribunal hearing". Telkom and MTN South Africa signed a preliminary agreement in March 2014 to extend their existing roaming agreement to include bilateral roaming and outsourcing of the operation of Telkom's radio access network to MTN. Telkom first launched its own mobile network in 2010, but has

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Categories: Mobile & Wireless
Companies: MTN South Africa / Telkom
Countries: South Africa
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