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Telkom moves to set aside Icasa’s approval of Vodacom/Neotel deal

By:  
Creamer Media Senior Deputy Editor
 
MERGERS & ACQUISITIONS
JSE-listed Telkom on Thursday moved to have the Independent Communications Authority of South Africa’s (Icasa’s) regulatory nod for Vodacom’s buy-out of Neotel set aside. Telkom filed a “semi-urgent” application with the North Gauteng High Court for an interim order to block the deal as the telecommunications giant believed Icasa had failed to follow due process.
 
 
 
 
 

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