MTN deal approved

rpm

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MTN deal approved

The Competition Tribunal on Thursday unconditionally approved wireless phone operator MTN Group's (MTN) acquisition of a 69.4% stake in Verizon SA in a deal that is set to make MTN one the largest internet service providers to corporate clients in South Africa.
 
Official MTN statement

MTN welcomes Competition Tribunal’s unconditional approval of Verizon SA acquisition

In a statement released today, MTN says that it welcomes the decision made by the Competition Tribunal on 8 January 2009 to unconditionally approve the merger between MTN and Verizon SA.

MTN SA MD Tim Lowry conveyed his satisfaction with the Tribunal ruling and added: “All regulatory conditions have now been met in order to proceed with the acquisition and MTN expects to complete the transaction soon”

Following on from the recent approval of the iTalk Cellular acquisition, MTN is, through these deals, enhancing its value proposition, building capacity and broadening its reach to enhance its product and service offering to customers and clients, Lowry concluded.

The acquisition will bolster the scale and product offering of MTN’s existing South Africa – based ISP, MTN Network Solutions, while strengthening its regional presence.
 
It will be interesting to see how this will change MTN's offerings. This acquisition is clearly aimed to strengthen MTN’s position in the corporate market, but with their wholesale ADSL offering I hope we will see an MTN ADSL service in future.
 
It will be interesting to see how this will change MTN's offerings. This acquisition is clearly aimed to strengthen MTN’s position in the corporate market, but with their wholesale ADSL offering I hope we will see an MTN ADSL service in future.

MTN already have an ADSL account. We resell them.
 
Thanks for the feedback - Is the bandwidth supplied by MTN NS (IPConnect) or are these reseller account from another provider?

It's MTN bandwidth.

Suppose I should mention they cost over R5K a month for the 1Mb version :(

I quickly logged into one client's router and did a trace to news.bbc.co.uk

Here's the part of the trace that I can show you:

Tracing route to newswww.bbc.net.uk [212.58.226.33]
over a maximum of 30 hops:

1 <1 ms <1 ms <1 ms ****** [*******]
2 1 ms <1 ms <1 ms ****** [*******]
3 60 ms 38 ms 46 ms rb-ad-1--nail-bryanst-1-a.mtnns.net [209.212.103
.149]
4 39 ms 38 ms 37 ms merc-jhb-1.mtnns.net [196.44.8.110]
5 113 ms 247 ms 251 ms 196.44.8.236
6 37 ms 37 ms 37 ms jp-ad-1--rb-ad-1-b.mtnns.net [196.44.8.234]
7 37 ms 38 ms 37 ms jp-ha-1--jp-bb-1-a.mtnns.net [196.44.8.92]
8 216 ms 219 ms 234 ms lt-tpr-1--lt-cr-1-a.uk.mtnns.net [209.212.111.12
9]
9 210 ms 209 ms 210 ms bbc-gw0-linx.prt0.thdoe.bbc.co.uk [195.66.224.10
3]
10 211 ms 217 ms 213 ms 212.58.238.153
11 210 ms 210 ms 214 ms newslb13.thdo.bbc.co.uk [212.58.226.33]

Trace complete.
 
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