Public hearings as Blue Label seeks control of Cell C

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Public hearings as Blue Label seeks control of Cell C
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Icasa and the Competition Tribunal will hold separate public hearings into Blue Label Telecoms’ proposed acquisition.

Icasa and the Competition Tribunal will have separate public hearings in the coming months to investigate Blue Label Telecoms’ proposed acquisition of control in mobile operator, which has invested more than R7.5-billion in Cell C, holds 49.5% of Cell C’s equity, but has moved to buy equity control of the company.

The commission recommended to the tribunal that the transaction be allowed to proceed, with conditions In April, the Competition Commission recommended to the tribunal that the transaction be allowed to proceed, with conditions.

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