The Independent Communications Authority of SA (Icasa) has approved the transfer of Cell C’s spectrum and network licences to Blue Label Telecoms.

The licences, which will remain under Cell C’s name, will now fall under the control of The Prepaid Company (TPC), a wholly owned subsidiary of Blue Label, the company said in a statement on Friday. The transaction will see Blue Label increase its stake in Cell C to 53.57%, giving it majority ownership...

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