Telecom tower (Photo by W Rorrkychand Sing/Tonseblog.com)

Tata-led Neotel Takeover In South Africa Under Regulator Scrutiny

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The proposed buyout of Tata-led telecoms operator Neotel in South Africa is not aimed at taking over the lucrative spectrum licenced to it, the country’s leading cellular company Vodacom told telecoms regulator ICASA.

The deal came under scrutiny at Independent Communications Authority of South Africa (ICASA) for two days as various stakeholders commented on the deal, which some said would result in Vodacom gaining an unfair competitive edge over its rivals.

Neotel was established by a Tata-led consortium in 2006 as South Africa’s second fixed-line operator to rival government-owned Telkom’s monopoly. Original post at ET Telecom

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Wahengbam Rorrkychand

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