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MTN - MTN - Completion of Verizon Business South Africa acquisition

Release Date: 27/02/2009 17:00
Code(s): MTN
Wrap Text

MTN - MTN - Completion of Verizon Business South Africa acquisition MTN Group Limited (Incorporated in the Republic of South Africa) Registration number 1994/009584/06 Share code: MTN ISIN code: ZAE000042164 ("MTN") Completion of Verizon Business South Africa acquisition Further to the SENS announcement on the 25th June 2008, shareholders are advised that all regulatory and competition commission clearances have now been obtained. Accordingly, the acquisition of 100% of Verizon South Africa (Pty) Ltd ("Verizon Business South Africa") will complete on 27 February 2009. Following completion, Verizon Business South Africa will trade under the MTN Business trademark. Verizon Business South Africa is an established Internet Service Provider with its headquarters in Johannesburg. It provides full connectivity services to corporate customers in South Africa, Namibia, Botswana, Zambia and Kenya. Fairland 27 February 2009 Sponsor Deutsche Securities (SA) (Proprietary) Limited Date: 27/02/2009 17:00:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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