The Competition Commission argues before the Competition Tribunal that the transaction would give Cell C “another chance at life”.
Cell C ’s precarious financial position came under the spotlight this morning, when the Competition Commission argued before the Competition Tribunal .
“It's in the public domain that the MNO isn't doing well financially, and that if, given these benefits that may flow from this transaction, perhaps it's given another chance at life,” Mahlangu told the tribunal. Pepkor/Flash argued that a three-year moratorium on preferential pricing was insufficient and pushed for a five-year term, noting that even this might not fully safeguard its position but would offer “some comfort”.
Cell C Competition Commission Competition Tribunal MTN Pepkor/Flash
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