Blue Label falls as Cell C asks law firm to probe business practices
The mobile operator appoints Bowmans to investigate units possibly involved in irregular dealings
11 July 2019 - 08:22
UPDATED 11 July 2019 - 18:14
SA’s third largest mobile operator Cell C has asked law firm Bowmans to investigate business units possibly involved in “irregular” practices.
This adds to the woes facing the company, whose debt rating was downgraded in late June by S&P Global Ratings to reflect that a default had become “a virtual certainty”. ..
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