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Cell C Plans Johannesburg Share Sale by 2020 to Fund Deals
JOHANNESBURG (Capital Markets in Africa) – Cell C Pty Ltd. is planning a share sale in its home city of Johannesburg by the first quarter of 2020 as South Africa’s third-largest wireless company seeks funds for acquisitions. The exact timing of an initial public offering will depend on market conditions, Chief Executive Officer Jose Dos Santos said in an interview Tuesday. In the meantime, the carrier is looking at potential fibre-to-home deals to boost its internet and…
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