SNO licensed on 17 September
Communications minister Ivy Matsepe-Casaburri has announced that the second national operator (SNO) will be granted its licence on 17 September. The minister made the announcement at a media briefing in Parliament this afternoon.
The licence will be granted to the SNO consortium, comprising Esi-Tel, Nexus Connexion, Transtel, CommuniTel, Two Consortium, and the remaining unallocated equity shareholder. The process of choosing a suitable investor for the remaining share will continue, said the minister.
CommuniTel director, Mike van den Bergh, welcomes the move as a positive step. “Perhaps the only concern from the shareholders` point of view is the uncertainty as concerns the new financial investor,” he says. “It is important the minister identifies the new financial investor and completes the shareholding structure as soon as possible.”
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