Competition body approves Blue Label’s bid to control Cell C
The move to take control has been controversial, with Blue Label getting into a public spat with BEE shareholder CellSAf
02 April 2024 - 14:55
The Competition Commission has given the green light for Blue Label Telecoms to take a controlling stake in SA’s fourth largest mobile operator, Cell C.
In 2023, Blue Label began a process of taking control of the cellphone provider with plans to move from a 49.53% stake to about 53%, with requisite applications having been made to local authorities. ..
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