WBS spreads its wings

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Financial Mail - 10 February - page 36

Quotes from the article:

WBS has already secured new financial backing for its network expansion.
WBS is ramping up investment in its network after finding a new equity investor in the form of the privately held Blue Label Investments.

As part of the transaction - the change in WBS's shareholding must still be approved by the Independent Communications Authority of SA - Alan Knott-Craig Jr, the son of the Vodacom Group CEO, has been appointed as its MD and chief operating officer.

WBS plans to spend about R100m on network expansion.

End of quotes.

Good news ! Why do we have to get it from FM?
 
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