{"id":520893,"date":"2024-01-08T06:58:57","date_gmt":"2024-01-08T04:58:57","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=520893"},"modified":"2024-01-08T07:01:21","modified_gmt":"2024-01-08T05:01:21","slug":"cell-c-shareholder-opposes-licence-control-transfer","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/telecoms\/520893-cell-c-shareholder-opposes-licence-control-transfer.html","title":{"rendered":"Cell C shareholder opposes licence control transfer"},"content":{"rendered":"

CellSAf, one of Cell C\u2019s oldest shareholders, has objected to the mobile operator\u2019s plan to transfer control of its licenses to Blue Label\u2019s The Prepaid Company.<\/p>\n

The objection followed Cell C\u2019s plan to transfer control<\/strong><\/a> of its Electronic Communications and spectrum licences to Blue Label\u2019s The Prepaid Company.<\/p>\n

The Independent Communications Authority of South Africa (ICASA) published this application in a government gazette on Wednesday, 6 December 2023.<\/p>\n

The transfer of control application includes Cell C\u2019s individual electronic communications service (I-ECS) and network service (I-ECNS) licenses and its radio frequency spectrum licences.<\/p>\n

The radio frequency spectrum licences include its 2,100MHz, 900MHz, and 1,800MHz spectrum.<\/p>\n

Dr Nomonde Mabuya, director and company secretary of CellSAf, told MyBroadband they do not support Cell C\u2019s decision.<\/p>\n

Mabuya said they had not been consulted about the transfer of control and that the application had happened without their knowledge.<\/p>\n

\u201cThis licence transfer matter was never discussed with us. The first time we learned about it was when we saw the ICASA government gazette published on 6 December 2023,\u201d she said.<\/p>\n

What is particularly concerning for CellSAf is that the matter has been kept from them despite engaging regularly with Blue Label Telecoms executive team members.<\/p>\n

Mabuya said they had submitted their objection to Cell C\u2019s planned licence control transfer to ICASA through their legal team on 29 December 2023.<\/p>\n

She said they are concerned that Blue Label is stripping other shareholders of Cell C\u2019s key strategic assets<\/strong><\/a>. This includes the transfer of control of its spectrum license.<\/p>\n

MyBroadband asked other Cell C shareholders whether they support Cell C\u2019s plan to transfer control of its licenses to The Prepaid Company.<\/p>\n

Nedbank, a substantial Cell C shareholder, told Daily Investor that it could not comment due to client confidentiality agreements.<\/p>\n

Two of the other significant shareholders \u2014 Lesaka\/Net1 and Gramercy \u2014 did not provide feedback by the time of publication.<\/p>\n","protected":false},"excerpt":{"rendered":"

CellSAf has objected to Cell C’s plan to transfer control of its licenses to Blue Label’s The Prepaid Company.<\/p>\n","protected":false},"author":23,"featured_media":461928,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[3],"tags":[28947,355,35,18090,91769,76822],"class_list":["post-520893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-telecoms","tag-blue-label","tag-cell-c","tag-headline","tag-independent-communications-authority-of-south-africa-icasa","tag-nomonde-mabuya","tag-the-prepaid-company"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/520893"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=520893"}],"version-history":[{"count":2,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/520893\/revisions"}],"predecessor-version":[{"id":520919,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/520893\/revisions\/520919"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/461928"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=520893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=520893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=520893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}