TOBY SHAPSHAK: Why the Vodacom veto is wrong
South Africa needs improved, faster internet, and the state cannot provide it
17 August 2023 - 05:00
You’re not allowed to be big enough to have a monopoly in South Africa — unless you’re a state-owned enterprise (SOE). The Competition Commission last week told Vodacom it could not buy into fibre company Maziv, in which Remgro’s CIVH is the largest shareholder, because it would be too big.
But the fibre network already owned by SOE Telkom is bigger than the proposed Maziv tie-up. ..
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