The much-anticipated Vodacom-Maziv fibre deal successfully cleared critical regulatory approvals last year. Remgro reported a robust set of interim results for the six months ended 31 December, with headline earnings per share surging 38.5% to 931 cents and interim dividends increasing 80.2% to 173 cents per share. A key driver of this growth was Community…
Under the deal, Vodacom is looking to acquire a 30% stake in the newly-created Maziv. While the Competition Commission (CompCom) recently put the R14 billion merger deal between Vodacom and Maziv back on the table, smaller internet service providers (ISPs) are still concerned about the implications of competition on their businesses. Earlier this month, the…
The merger would have united SA’s largest mobile network operator with a key player in fibre infrastructure. The Competition Tribunal has concluded that the proposed R14 billion merger between Vodacom and Maziv “cannot be justified on substantial public interest grounds”. Yesterday, the competition watchdog provided the public version of the reasons why it prohibited the…
