twist in the ongoing saga that is Vodacom’s effort to acquire a co-controlling stake in fibre operator Maziv, trade, industry & competition minister Parks Tau has filed a notice of motion to appeal the Competition Tribunal’s decision to prohibit the deal.
Tau had participated in the tribunal’s proceedings and signalled his support for the transaction on public interest grounds.
The competition regulators have come under heavy fire for the time they took – about three years – to reach a decision to prohibit the transaction. The tribunal’s decision to block the deal has also been criticised by the merging parties, including Vodacom, though the move appears to enjoy wide support in the internet service provider community.said earlier this month
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