South Africa: SNO Suitors Rejected

29 January 2003

Johannesburg — The Independent Communications Authority of SA (ICASA) this afternoon announced that it had found neither Goldleaf Trading nor Optis Telecommunications suitable partners for the new telecommunications operator to be launched this year.

The regulator has recommended that communications minister Ivy Matsepe-Casaburri reject both bids and instead have the 51% stake they were vying for warehoused until a viable partner can be found.

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