Icasa approves Vodacom, Maziv deal
The Independent Communications Authority of South Africa (Icasa) has approved telecommunications group Vodacom’s acquisition of a 30% interest in Maziv.
All other conditions precedent have been met, with the transaction implementation date set at December 1.
Maziv will house all the fibre assets owned by Community Investment Ventures Holdings, including Vumatel and Dark Fibre Africa.
In August, South Africa’s Competition Appeal Court green-lit the transaction following the tabling of a set of revised conditions, proposed by the merger parties and the Competition Commission.
Icasa in November 2022 conditionally approved the transaction, however, in August 2023, the Competition Commission recommended to the Competition Tribunal that the proposed transaction should be prohibited on the grounds that it raises both competition- and public interest-related concerns and that the proposed conditions tendered by the merging parties do not address these concerns, a viewpoint that the Competition Tribunal agreed with when blocking the deal a year later.
By July 2025, the Competition Commission and Vodacom reached an agreement on revised conditions that substantially remedy the competition concerns raised by the commission in its recommendation to the Competition Tribunal.
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