Cell C Said to Weigh Sale to South African Wireless Carriers

Cell C Pty Ltd. is exploring options for the third-largest South African wireless carrier including a sale to domestic competitors, according to two people familiar with the matter.

Cell C, which is majority owned by Dubai-based Oger Telecom Ltd., is working with Goldman Sachs Group Inc. on the review, said the people, who asked not to be identified because the talks are private.

The wireless provider had about 20 million customers as of last month, according to the company. Market leader Vodacom Group Ltd. reported more than 31 million active customers in South Africa as of the end of last year.

Read more: Cell C Said to Weigh Sale to South African Wireless Carriers – Bloomberg Business.

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