Friday, 20 October 2017

Cell C proposes share sale to staff, Blue Label Telecom

By Nick Wood, Total Telecom
Friday 11 December 15

South African operator aims to cut debt with €376 million capital restructuring.

In a bid to cut debt, South African mobile operator Cell C has proposed a major capital restructuring that could see sizeable stakes acquired by staff and airtime distributor Blue Label Telecom. The announcement follows failed merger talks with South African incumbent Telkom SA. In a stock exchange filing on Thursday…

In a bid to cut debt, South African mobile operator Cell C has proposed a major capital restructuring that could see sizeable stakes acquired by staff and airtime distributor Blue Label Telecom. The announcement follows failed merger talks with South African incumbent Telkom SA. In a stock exchange filing on Thursday…

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