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Union takes Telkom merger to court

17 April 2009
Lawyers giggle with delight, toothy grins.
 
Union takes Telkom merger to court
Telkom, Vodacom, Vodafone and the Department of Communications are being taken to court by the Communication Workers Union, it said on Friday in a statement.

The union served the three telecoms companies and the department with notice of an urgent court interdict application in a bid to halt the merger transaction between Vodacom and Vodafone.

Last year Telkom announced the sale of a 15 percent stake in cellular operator Vodacom, worth R22.5 billion, to multinational cellular operator Vodafone.

The CWU said its main bone of contention was the fact that the organisation was not properly consulted by Telkom in terms of both legislation and the recognition agreement regulating relations between its members and the company.

"We had no other option but to use the law to force all parties to properly consult CWU, as we have members in both Telkom and Vodacom and about 29,000 members in t...

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