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Tribunal gives Telkom, BCX deal thumbs up

4th August 2015

By: Creamer Media Reporter

  

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The Competition Tribunal on Tuesday approved telecommunications giant Telkom’s buy-out of Business Connexion (BCX) with conditions.

The conditions included a price freeze on affected products in the upstream by Telkom, a limit on the number of job losses arising from the tie-up, the ringfencing of BCX in relation to monitoring conditions and the inclusion of the copper network offering to the affected products.

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Edited by Creamer Media Reporter

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