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Cell C R450-million loan deal
Blue Label Telecoms has announced a transaction through its subsidiary, The Prepaid Company, to buy over a R450 million load that Cell C had with international investment fund Gramercy.
The Prepaid Company is Cell C's majority shareholder, with a 63.19% economic interest in the mobile operator as at Blue Label's latest financial results.
Blue Label Telecoms has announced a transaction through its subsidiary, The Prepaid Company, to buy over a R450 million load that Cell C had with international investment fund Gramercy.
The Prepaid Company is Cell C's majority shareholder, with a 63.19% economic interest in the mobile operator as at Blue Label's latest financial results.
