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Malawi okays TNM acquisition of OCL
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Malawi okays TNM acquisition of OCL
by MAVHUTO BANDA LILONGWE, (CAJ News) – THE approval of a K23,5-billion deal (US$13,5 million) for Telekom Networks Malawi (TNM) to acquire Open Connect Limited (OCL) places Malawi’s national fibre-optic backbone directly under the control of a retail mobile operator for the first time. The Competition and Fair Trading Commission (CFTC) has approved the purchase. […] The post Malawi okays TNM acquisition of OCL first appeared on CAJ News Africa.
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