No staff reductions at TSTT, Massy

This condition is applicable for a period of one year, effective July 19. TATT said its statement was consequent to the receipt of notification from TSTT of the proposed change of control of Massy, dated May 2. The Authority said it is empowered to approve a transfer of control of concessionaires by Section 22 (1) of the Telecommunications Act.

TATT said it is also empowered to do so by Conditions A16 and A17 of the concession issued to all concessionaires, “bearing in mind that such approval should not be unreasonably withheld.” By Condition A20, TATT said it is empowered to, in the grant of any such approval, “ impose such reasonable conditions upon the concessionaire in respect of any transfer, assignment, change, disposal or arrangement as it considers appropriate.” The Authority said it conducted a thorough and fair analysis since it received the applications.

TATT said the analysis was done in a transparent manner and the interests of the sector were taken (including those of the applicants and consumers) into consideration in deciding to grant the change of control.