Broadband Botswana Internet Acquisition

Sourced from the Guardian Nigeria. The Competition and Consumer Authority of Botswana have announced the unconditional approval for the acquisition of 100% of Broadband Botswana Internet (BBi) by the Botswanan arm of South Africa’s Paratus Telecommunications Ltd. Both Paratus and BBi are licensed to provide a range of network and data management solutions and services to the business and residential sectors in Botswana. The aim of the merger was for both businesses to share mutually beneficial business aims by integrating the businesses, providing economies of scale, and sharing both infrastructure and office premises. All staff employed by both companies will be retained. The merger makes Paratus Botswana the largest independent network services provider in the Southern African country. T...