But conditions have been placed on the consent designed to ensure that the new operating company is properly financed and managed.

News that Batelco had reached an in-principle agreement to buy the part of Cable & Wireless/Sure that includes its Jersey operation for US$680 million was announced in December.

And with the decision of the Channel Islands Competition Regulatory Authority to give the go-ahead, the deal is still on course to be complete by the end of March deadline.