Update: Cell C has stated that GloCell has not acquired its Autopage subscriber base.
The Competition Commission has approved GloCell’s acquisition of Autopage’s Cell C subscriber base, as well as Cell C’s intent to appoint GloCell Service Provider as the entrusted licensed partner.
Established in 2001, GloCell is an independent cellular telecommunications group operating in South Africa – with Investec as a major shareholder.
According to GloCell, it specialises in the provision of Cell C contracts, and the distribution of prepaid and virtual products from all networks to banks, petroleum companies, major retailers, wholesalers, and emerging markets.
“GloCell is in the process of taking over and rebranding many of Autopage’s outlets nationally, upgrading these to become “experience” stores and rebranding them GloCell,” said Alessandro Mariola, Founder and MD of GloCell.