{"id":70802,"date":"2013-02-18T23:58:04","date_gmt":"2013-02-18T21:58:04","guid":{"rendered":"http:\/\/mybroadband.co.za\/news\/?p=70802"},"modified":"2013-02-19T09:14:36","modified_gmt":"2013-02-19T07:14:36","slug":"wirelessg-finds-bee-partner","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/business\/70802-wirelessg-finds-bee-partner.html","title":{"rendered":"WirelessG finds BEE partner"},"content":{"rendered":"

WirelessG<\/a> announced today (18 February 2013) that a BEE consortium, Mightycare Mosegedi, has made an offer to acquire a 26% stake in G-Mobile Holdings \u2013 the holding company of WirelessG.<\/p>\n

The agreement has been signed on a discounted basis, with the total stake value amounting to R48.5 million.<\/p>\n

\u201cMightcare Modegedi is represented by well-known corporate profiles within the telecommunications market,\u201d WirelessG said in a press statement.<\/p>\n

The company added that the Mightycare Mosegedi Consortium is well aware of the current legal dispute between WirelessG and Vodacom<\/a>.<\/p>\n

\u201cHowever, they remain confident in its decision to invest due to the large business potential contained within the shareholders agreement between WirelessG and Vodacom,\u201d said WirelessG.<\/p>\n

Resolving the dispute between WirelessG and Vodacom is a condition precedent to the transaction.<\/p>\n

\"Carel<\/a>

Carel van der Merwe<\/p><\/div>\n

WirelessG CEO Carel van der Merwe<\/a> said that the WirelessG board has approved the transaction this morning at a special board meeting.<\/p>\n

\u201cWith the in-depth knowledge and experience Mightycare Mosegedi holds, we view them as the best possible candidate to pursue our strategic objectives,\u201d said van der Merwe.<\/p>\n

Despite the sensitivity around the BEE partners, WirelessG revealed that one of the representatives of its BEE consortium is Gladwin Marumo.<\/p>\n

Marumo is the former special advisor to the Communications Minister and the former chief operating officer at Sentech.<\/p>\n

WirelessG said that the other partners in the consortium will be revealed at a later stage.<\/p>\n

More WirelessG articles<\/h3>\n

WirelessG lashes out at \u2018incompetent\u2019 Vodacom<\/strong><\/a><\/p>\n

Vodacom killing companies: WirelessG<\/strong><\/a><\/p>\n

Vodacom vs WirelessG: billion rand blunder or storm in a teacup?<\/a><\/strong><\/p>\n

Vodacom in the dock over Wi-Fi contract<\/strong><\/a><\/p>\n

Vodacom investments under the spotlight<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

WirelessG has announced that Mightycare Mosegedi has made an offer to acquire a 26% stake in G-Mobile Holdings<\/p>\n","protected":false},"author":23,"featured_media":56391,"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_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[19],"tags":[36,3226,1781],"class_list":["post-70802","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-active","tag-carel-van-der-merwe","tag-wirelessg"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/70802"}],"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=70802"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/70802\/revisions"}],"predecessor-version":[{"id":70804,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/70802\/revisions\/70804"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/56391"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=70802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=70802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=70802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}