Blue Label acquires 60% stake in airtime advance provider Airvantage

Monday 26 February 2018 | 09:15 CET | News
South African company Blue Label Telecoms is buying a 60 percent stake in local company Airvantage for ZAR 151 million, ITWeb reported. Airvantage offers services that allow mobile operators to advance airtime, content, data and mobile money to subscribers. The advance is recovered the next time the customer recharges or tops up their airtime. 

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Categories: Mobile & Wireless
Companies: Blue Label Telecoms
Countries: South Africa
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