Altech must pay

12 January 2009 - 02:00
By unknown

Hi-tech firm Altech has been ordered to pay MTN's and Verizon's costs in respect of Altech's intervention application in the MTN/Verizon merger proceedings, after Altech gave up its hard-won right to intervene on the proceedings, the Competition Tribunal said on Friday. Altech opposed the proposed merger between MTN and Verizon SA and applied for leave to intervene. - I-Net Bridge

Hi-tech firm Altech has been ordered to pay MTN's and Verizon's costs in respect of Altech's intervention application in the MTN/Verizon merger proceedings, after Altech gave up its hard-won right to intervene on the proceedings, the Competition Tribunal said on Friday. Altech opposed the proposed merger between MTN and Verizon SA and applied for leave to intervene. - I-Net Bridge