Blue Label, which has been trying to dig Cell C out of debt since it purchased a 45% stake in the carrier for 5.5 billion rand ($369 million) in 2017, said in a statement that it had concluded a term sheet for an airtime purchase transaction with those banks.
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S.Africa's Blue Label Telecoms secures funds for Cell C recap
S.Africa's Blue Label Telecoms secures funds for Cell C recap
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