The “rationalisation” of wholesale infrastructure provider Broadband Infraco and signal distributor Sentech is at an “advanced stage”, says the communications ministry.
The Department of Communications and Digital Technologies , which is the ministry behind the proposed merger, provided a progress update to Mazzone, saying: “The necessary acquisition processes were concluded with a sale offer by the Sentech board that was accepted by the BBI board. In addition to the revised BBI turnaround plan to establish funding requirements for the acquisition, the department noted other conditions need to be met to conclude this process.
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