Vodafone Losing Patience With Regulator as Neotel Stalls

Vodafone Group Plc is running out of patience with South African regulators yet to rule on its local unit’s acquisition of Internet provider Neotel Pty Ltd., which would expand its high-speed network into businesses and homes.

“We are a little bit bordering the limit here because it’s more than nine months, almost a year, and we don’t see the end of it.” Vodafone Chief Executive Officer Vittorio Colao told reporters in Johannesburg on Wednesday. “We are at the high end of the range.”