Tag Archives: Neotel

ICASA approves Liquid Telecom’s acquisition of Neotel

The deal has been approved by the Independent Communications Authority of South Africa (ICASA). Liquid Telecom, the data/voice and IP provider, has acquired Neotel, the South African communications network. The sum involved was 6.55 billion ZAR (463.2 USD). With this new acquisition, Liquid Telecom will extend its reach over 40000 km across Eastern, Central and [...]

Neotel acquired by Liquid Telecom

The agreement has been signed off. Neotel, the national operator for fixed line telecommunications services in South Africa, has been sold to Liquid Telecom, the data, voice and IP provider which operates independently in South Africa. Tata Communications Limited which is a major shareholder of Neotel has eventually sold its South African unit for ZAR6.55-billion [...]