Cell C | Competition commission approves blue label trans

The Competition Commission has approved the Blue Label Telecoms bid to take a controlling stake in Cell C. The commission has recommended that the Competition Tribunal approves the proposed transaction. Previously, Blue Label held 49-point-5 percent of the mobile operator, but if the transaction is concluded, their stake will go up to 53-point-5-percent. #enca #dstv403 For more on the story: https://www.enca.com/business/competition-commission-approves-blue-label-cell-c-transaction