Subscribe

Tribunal to review Oger merger

Kimberly Guest
By Kimberly Guest, ITWeb contributor
Johannesburg, 15 Apr 2008

SA`s Competition Tribunal will meet tomorrow (Wednesday) to decide on Saudi Telecom`s intent to acquire shares in Oger Telecom.

The merger, which has already received approval from the Competition Commission, will see Saudi Telecom take joint control of Oger Telecom.

Saudi Telecom does not have operations in SA. However, Oger Telecom is a shareholder in local operator Cell C.

Oger Telecom has also been pursuing Telkom for a stake in the local fixed-line operation. The company has stated it would like to combine the company`s fixed-line assets with that of Cell C.

Related stories:
Firm offer will secure Telkom
Telkom 'not for sale`
Telkom plummets on update
MTN dumps Telkom, eyes Verizon
Saudi/Oger deal goes through
ICT industry for sale

Share