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Blue Label Telecoms Says All Suspensive Conditions On 3G Mobile’s Handset Operations Sale Fulfilled

Feb 14 (Reuters) – Blue Label Telecoms Ltd:

* DISPOSAL BY BLUE LABEL OF ITS INTERESTS IN VAS OPERATIONS AND 3G HANDSET DISTRIBUTION

* ALL SUSPENSIVE CONDITIONS ON 3G MOBILE’S HANDSET OPERATIONS SALE FULFILLED, PURCHASE PRICE OF R544 MILLION TO BE RECEIVED ON 14 FEB

* ON SALE OF VAS OPERATIONS, SOME CONDITIONS PRECEDENT REMAIN OUTSTANDING, COMPLETION OF WHICH IS AT ADVANCED STAGE Source text for Eikon: Further company coverage:


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