Telkom fails with Business Connexion bid

3 Jul 2007

Telkom South Africa has had its bid for local IT outsourcing firm Business Connexion blocked by competition authorities. The ZAR2.43 billion (USD340 million) deal was aimed at bolstering Telkom’s data business in the face of falling revenues from its core voice telephony operations, but regulators and rival operators argued that the former monopoly would be reinforcing its dominant position.

South Africa, Telkom South Africa (inc. Telkom Mobile [8ta]),

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share