Cftc nods to tnm, But with conditions
The Competition and Fair Trading Commission authorized TNM to acquire Open Connect Limited. This acquisition includes a national fibre network operator. The approval comes with the condition that TNM avoids anti-competitive conduct or discriminatory pricing. This follows an offer from TNM to purchase several assets. These assets include a data centre, network equipment, and fiber networks. The deal also covers vehicles and enterprise contracts.
Competition and Fair Trading Commission (CFTC) has authorised TNM’s acquisition of national fibre network operator—Open Connect Limited (OCL) on condition that it will avoid discriminatory pricing or anti-competitive conduct towards competitors. This comes months after TNM offered to acquire OCL’s assets which include fiber network, data centre, network equipment, vehicles, and enterprise contracts in a … The post Cftc nods to tnm, But with conditions appeared first on Nation Online .