Competition Commission gives Telkom, BCX deal the nod

South Africa’s Competition Commission has given telecommunications giant Telkom the go-ahead to buy information and communication technology firm Business Connexion (BCX) – with conditions. The commission on Thursday recommended to the Competition Tribunal that the R2.67-billion deal continue on the condition that the duo mitigate any potential limiting of access to wholesale-leased lines to its downstream rivals and avoid bundling strategies that could result in anticompetitive effects.