the former chairman of Icasa who stepped down from the communications regulator this week, said MTN Group’s proposed acquisition of rival Telkom should be considered seriously by regulators and that consolidation in the sector is “inevitable”.
“Market consolidation is not necessarily a bad thing, it just has to be properly managed to ensure it does not stifle competition,” Modimoeng said in an interview with TechCentral on Friday. “Let’s interrogate this and see what it means to the ordinary person in the street and to the commercial viability of these companies.
Asked whether he felt South Africa’s rules barring the sale and trading of spectrum could prevent MTN from buying Telkom, Modimoeng said the policy environment “needs to be agile”.
He spelt monopolisation incorrectly.
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