JOHANNESBURG: Vodacom Group Ltd, the South African unit of Vodafone Group Plc, and Neotel Pty Ltd amended the terms of a proposed seven billion-rand (US$481mil) purchase of the Internet service provider, with the new deal excluding licences.
Vodacom agreed to buy most of Neotel’s assets related to its fixed-line business, but this excludes permits for spectrum and electronic communications network services, the Johannesburg-based company said in a statement.
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