May 25, 2017 8:41 PM ET

Wireless Telecommunication Services

Company Overview of 3C Telecommunications (Pty) Limited

Company Overview

3C Telecommunications (Pty) Limited, through its subsidiary, provides wireless communication services. The company was founded in 1999 and is based in Benmore, South Africa. 3C Telecommunications (Pty) Limited operates as a subsidiary of Oger Telecom Limited.

Private bag X36

Benmore,  2010

South Africa

Founded in 1999

Phone:

27 11 324 4000

Key Executives for 3C Telecommunications (Pty) Limited

3C Telecommunications (Pty) Limited does not have any Key Executives recorded.

3C Telecommunications (Pty) Limited Key Developments

Blue Label And Cell C In Acquisition Talks

Blue Label Telecoms Limited (JSE:BLU) and staff of Cell C (Pty) Ltd. are in talks are planning to acquire 65% stake in Cell C. Cell C's management, on behalf of employees, aims to pay ZAR 2.5 billion for a 30% stake while Blue Label plans to buy 35% for ZAR 4 billion. A unit of Cell C’ majority owner, Oger Telecom Limited, 3C Telecommunications (Pty) Limited would retain 35% of Cell C. Bloomberg reported that Blue Label's offer values Cell C at about ZAR 11.4 billion. Mark Levy, Co-Chief Executive Officer of Blue Label indicated that it made a lot of sense to get involved in an asset that has really started to gain traction. He said, “We believe that the business model and the assumptions that they have created are sound.”

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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