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Wireless

Cell C accepts Blue Label bid for 35% stake

Thursday 31 December 2015 | 09:28 CET | News
South African mobile operator Cell C has accepted an offer from Blue Label Telecoms to acquire 35 percent of the company for ZAR 4 billion, Fin24 reported. The boards of Cell C and its holding company, 3C Telecommunications, have also accepted an offer from Cell C management and staff to hold about 30 percent of the shares for ZAR 2.5 billion.

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