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The Standard Group Plc is a
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IPS Cable Systems Ltd has made a bid to acquire further shareholding in Africa’s premier fibre optic undersea cable firm, Seacom, in a move set to realign the regional broadband market.
According to an inquiry notice from the Comesa Competition Commission, IPS Cable Systems Ltd is seeking to increase its shareholding by another 10 per cent of SEACOM, the Sh65 billion fibre cable.
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