Related Articles
Top Stories
Feb 12 2012 15:59
Moral hazard, financial weapons of mass destruction, a huge mess - these were the words used by a founder member to sum up the collapse of the Pinnacle Point Group.
Feb 12 2012 15:58
Construction companies are now undertaking a second round of self-examination into uncompetitive behaviour.
Feb 12 2012 14:54
American billionaire George Soros has slammed German Chancellor Angela Merkel, warning that her policies could lead to a repeat of the Great Depression.
Johannesburg - South African ICT firm Allied Technologies (Altech) has successfully opposed the government's High Court appeal against a judgment that Altech and about 300 other value-added network services (Vans) can build their own telecommunications networks, Altech said on Friday.
Acting Judge N Davis heard the application for leave to appeal
arguments from the minister and the opposing arguments from Altech on Thursday, and on Friday delivered his decision that the minister's application for leave to appeal would be refused on all points, with costs.
This follows a landmark High Court ruling in August which found that Vans were entitled to individual electronic communications network service (I-ECNS) licences - which would allow them to develop and operate their own networks, as do Cell C, MTN, Telkom and Vodacom - and so the Independent Communications Authority of SA began converting existing licences.
"This is a powerful affirmation of our original court victory, and indicates that there is little prospect of any other court coming to a different conclusion.
"This brings Altech, the industry and the consumer within touching distance of a level playing field and fair market competition," said Craig Venter, Altech's chief executive officer.
- I-Net Bridge