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Competition Tribunal prohibits Vodacom-Maziv R14bn merger deal

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Vodacom समाचार

Maziv,Fibre,Competition Tribunal

The watchdog issues an order barring the proposed transaction involving mobile operator Vodacom and fibre infrastructure company Maziv.

The Competition Tribunal has today issued an order prohibiting the proposed transaction involving mobile operator Vodacom and fibre infrastructure company Maziv.The order comes after in August last year, the Competition Commission recommended the R14 billion merger be prohibited.

It notes that Maziv is a wholly-owned subsidiary of CIVH, which has two main operating subsidiaries, Dark Fibre Africa and Vumatel. The Department of Trade, Industry and Competition and the Communication Workers’ Union also participated in the proceedings. The companies also made a commitment to create up to 10 000 new jobs, while at the same time providing job security and enhanced benefits for current employees potentially impacted by the transaction.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 45. in İN
 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Maziv plans multibillion-rand infrastructure investmentThe parent company of Dark Fibre Africa and Vumatel plans to invest R10 billion in the next phase of the business, with a focus on underserviced areas.
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