{"id":13524,"date":"2012-05-24T18:52:30","date_gmt":"2012-05-24T16:52:30","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=13524"},"modified":"2012-05-25T11:14:57","modified_gmt":"2012-05-25T09:14:57","slug":"cell-c-to-receive-180-million-equity-injection","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/telecommunications\/13524\/cell-c-to-receive-180-million-equity-injection\/","title":{"rendered":"Cell C to receive $180-million equity injection"},"content":{"rendered":"<p><a title=\"Cell C\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1641-Cell-C\">Cell C<\/a> announced today (24 May 2012) that its majority shareholder, Dubai-based <a title=\"Oger Telecom\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/3055-Oger-Telecom\">Oger Telecom<\/a> is currently injecting US$180 million (about R1,5 billion) as equity into Cell C.<\/p>\n<p>\u201cThis foreign investment into South Africa demonstrates the confidence our shareholders have in both South Africa and Cell C,\u201d said Cell C CEO <a title=\"Alan Knott-Craig (Senior)\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1642-Alan-Knott-Craig-%28Senior%29\">Alan Knott-Craig<\/a>.<\/p>\n<p><strong>Related articles<\/strong><\/p>\n<p><a title=\"MTN laughs off Vodacom, Cell C prepaid price cuts\" href=\"http:\/\/mybroadband.co.za\/news\/cellular\/50271-mtn-laughs-off-vodacom-cell-c-prepaid-price-cuts.html\"><strong>MTN laughs off Vodacom, Cell C prepaid price cuts<\/strong><\/a><\/p>\n<p><a title=\"Cell C slashes prepaid voice and data prices\" href=\"http:\/\/businesstech.co.za\/news\/mobile\/12641\/cell-c-slashes-prepaid-voice-and-data-prices\/\" target=\"_blank\"><strong>Cell C slashes prepaid voice and data prices<\/strong><\/a><\/p>\n<p><a title=\"Vodacom cuts prepaid call rates\" href=\"http:\/\/businesstech.co.za\/news\/mobile\/12657\/vodacom-cuts-prepaid-call-rates\/\" target=\"_blank\"><strong>Vodacom cuts prepaid call rates<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cell C&#8217;s majority shareholder is injecting $180-million (USD) in equity, the operator has revealed<\/p>\n","protected":false},"author":10,"featured_media":12396,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[43,42,26,1186],"class_list":["post-13524","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-telecommunications","tag-alan-knott-craig","tag-cell-c","tag-headline","tag-oger-telecom"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/13524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=13524"}],"version-history":[{"count":6,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/13524\/revisions"}],"predecessor-version":[{"id":13527,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/13524\/revisions\/13527"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/12396"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=13524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=13524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=13524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}