South Africa's Competition Commission Approves Vodacom-Remgro Merger
Johannesburg News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
South Africas Competition Commission approves Vodacom-Remgro merger, aiming to expand high-speed internet access. Despite initial concerns over anti-competitive behavior, the deal was greenlit after parties agreed to new safeguards. Parliament members criticized the Commission for alleged pressure from telecom giants, but Commissioner Doris Tshepe clarified that settlement talks resolved issues. Maziv, the company behind Vumatel and Dark Fibre Africa, pledges to maintain its open-access approach, potentially accelerating national broadband goals.
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