He said Digicel did not purchase Remington’s communications arm as rumoured.
Punaha (pictured) explained on the matter after questions were raised over the business expansion of Digicel.
He said any transfer of licenses including any change in ownership in directors, was subjected to a written consent from NICTA before proceeding with any acquisition.
He said consent should be sought from Independent Consumer and Competition Commission (ICCC) as well.
He said both NICTA and ICCC subsequently gave consent for the acquisition of Remington’s Visat business by Digicel.
“Our approval was given first and subsequently ICCC also gave their consent. Consent was given because at that time, Digicel was not in the business of providing Visat service in the market,” Punaha said.
Meanwhile, Punaha said the arrangement between Daltron and Digicel was different.
“When we requested informationafter we learnt that there was some acquisition of Daltron, we were informed that it was not an acquisition of such. Digicel and Daltron were entering into kind of a business partnership.”
“From what we know it was not an acquisition of such. It’s just a partnership where Digicel will provide Daltron with network infrastructure for Daltron to utilise.”