South Africa’s Competition Tribunal on Wednesday unconditionally approved the merger between Vodacom Service Provider Company (VSP) and Tiscali.
Italian group Tiscali is disposing of its interest in South Africa. The Vodacom Group — via its wholly-owned subsidiary VSP — will be acquiring Tiscali’s cellular telephony business.
Both VSP and Tiscali are service providers in the market for cellphone services.
Earlier, the Competition Commission recommended that the tribunal unconditionally approve the transaction. — I-Net Bridge