Monday, 17 December 2018

Blue Label Telecoms pays ZAR5.5bn for 45% of Cell C

By Nick Wood, Total Telecom
Thursday 06 October 16

Airtime distributor becomes South African mobile operator's biggest single shareholder.

Blue Label Telecoms this week agreed to acquire 45% of South African mobile operator Cell C for 5.5 billion rand (€354.3 million). The airtime distributor had been discussing a recapitalisation plan with Cell C since late 2015…

Blue Label Telecoms this week agreed to acquire 45% of South African mobile operator Cell C for 5.5 billion rand (€354.3 million). The airtime distributor had been discussing a recapitalisation plan with Cell C since late 2015…

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