Blue Label gets the go-ahead for Cell C takeover
South Africa's Blue Label Telecoms has received approval from the country's Competition Commission (CompCom) to take control, via a subsidiary, of operator Cell C.
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South Africa's Blue Label Telecoms has received approval from the country's Competition Commission (CompCom) to take control, via a subsidiary, of operator Cell C.
Blue Label Telecoms' (JSE:BLU) stock is up by a considerable 27% over the past month. Given the company's impressive...
The fintech group has a non-controlling 49.5% stake in Cell C, and is looking to get an additional 4.04% stake in the firm.
Key Insights Significantly high institutional ownership implies Blue Label Telecoms' stock price is sensitive to their...
Blue Label Telecoms, a 49.5% shareholder in South African operator Cell C is, through its subsidiary The Prepaid Company (TPC), moving to acquire control of Cell C.