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Icasa: Vodacom must meet BEE rules on Neotel

2015-07-04 08:41:19| Telecom - Topix.net

Vodacom Group Ltd, the African unit of Vodafone Group PLC, can buy Neotel Pty Ltd if it complies with South Africa's black-ownership rules and brings broadband internet to rural areas, the Independent Communications Authority of South Africa said. Black economic-empowerment groups must hold 30-percent equity of the individual licence that is being transferred, Icasa said in a government gazette on Thursday.

Tags: meet rules bee vodacom

Category:Telecommunications

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