Swiftnet seeks out new black partner after Icasa's rejection

October 27, 2008

The Independent Communications Authority of SA (Icasa) has rejected the proposed black economic empowerment (BEE) partner of Telkom subsidiary Swiftnet, forcing the fixed-line operator to search for a new partner once again.

Last year in February, Radio Surveillance Consortium (RSC), which includes Radio Surveillance Security Services (RSSS) and Royal Security, agreed to buy 30 percent in the company for R55 million.

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