A 2020 court case explains why Cell C applied to transfer control of its licences

[Jan]

Court case explains why Cell C must transfer control of its crown jewels

A seemingly mundane ruling by former Pretoria High Court judge Hans Fabricius in 2020 explains why Cell C had to apply to transfer control of its network, service, and spectrum licences to The Prepaid Company.

News that Cell C applied to cede control of one of its biggest assets to its largest shareholder emerged in December when industry regulator Icasa gave notice of it via Government Gazette.

 

[Crumbl0x]

Crown Jewels you say...

Must be a big blow to Cell C.

 

[Swa]

Too much red tape. All these approvals are entirely unnecessary.