{"id":31921,"date":"2013-02-18T23:42:35","date_gmt":"2013-02-18T21:42:35","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=31921"},"modified":"2013-02-19T08:28:16","modified_gmt":"2013-02-19T06:28:16","slug":"wirelessg-finds-high-profile-bee-partner","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/telecommunications\/31921\/wirelessg-finds-high-profile-bee-partner\/","title":{"rendered":"WirelessG finds high profile BEE partner"},"content":{"rendered":"<p><a title=\"WirelessG\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/2205-WirelessG\">WirelessG<\/a> announced today (18 February 2013) that a BEE consortium, Mightycare Mosegedi, has made an offer to acquire a 26% stake in G-Mobile Holdings \u2013 the holding company of WirelessG.<\/p>\n<p>The agreement has been signed on a discounted basis, with the total stake value amounting to R48.5 million.<\/p>\n<p>\u201cMightycare Modegedi is represented by well-known corporate profiles within the telecommunications market,\u201d WirelessG said in a press statement.<\/p>\n<p>The company added that the Mightycare Mosegedi Consortium is well aware of the current legal dispute between WirelessG and <a title=\"Vodacom\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1639-Vodacom\">Vodacom<\/a>.<\/p>\n<p>\u201cHowever, they remain confident in the decision to invest due to the large business potential contained within the shareholders agreement between WirelessG and Vodacom,\u201d said WirelessG.<\/p>\n<p>Resolving the dispute between WirelessG and Vodacom is a condition precedent to the transaction.<\/p>\n<p>WirelessG CEO <a title=\"Carel van der Merwe\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/6306-Carel-van-der-Merwe\">Carel van der Merwe<\/a> said that the WirelessG board had approved the transaction this morning at a special board meeting.<\/p>\n<p>\u201cWith the in-depth knowledge and experience Mightycare Mosegedi holds, we view them as the best possible candidate to pursue our strategic objectives,\u201d said van der Merwe.<\/p>\n<p>WirelessG said that the specific partners in the consortium will be revealed at a later stage.<\/p>\n<h3 class=\"my-4\">More WirelessG articles<\/h3>\n<p><a title=\"WirelessG lashes out at \u2018incompetent\u2019 Vodacom\" href=\"http:\/\/businesstech.co.za\/news\/mobile\/31613\/wirelessg-lashes-out-at-incompetent-vodacom\/\"><strong>WirelessG lashes out at \u2018incompetent\u2019 Vodacom<\/strong><\/a><\/p>\n<p><a title=\"Vodacom killing companies: WirelessG\" href=\"http:\/\/businesstech.co.za\/news\/mobile\/30279\/vodacom-killing-companies-wirelessg\/\"><strong>Vodacom killing companies: WirelessG<\/strong><\/a><\/p>\n<p><strong><a title=\"Vodacom vs WirelessG: billion rand blunder or storm in a teacup?\" href=\"http:\/\/businesstech.co.za\/news\/mobile\/30118\/vodacom-vs-wirelessg-billion-rand-blunder-or-storm-in-a-teacup\/\">Vodacom vs WirelessG: billion rand blunder or storm in a teacup?<\/a><\/strong><\/p>\n<p><a title=\"Vodacom in the dock over Wi-Fi contract\" href=\"http:\/\/businesstech.co.za\/news\/mobile\/30051\/vodacom-in-the-dock-over-wi-fi-contract\/\"><strong>Vodacom in the dock over Wi-Fi contract<\/strong><\/a><\/p>\n<p><a title=\"Vodacom investments under the spotlight\" href=\"http:\/\/mybroadband.co.za\/news\/business\/65936-vodacom-investments-under-the-spotlight.html\"><strong>Vodacom investments under the spotlight<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WirelessG has announced that Mightycare Mosegedi has made an offer to acquire a 26% stake in G-Mobile Holdings<\/p>\n","protected":false},"author":10,"featured_media":30282,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[4717,26,2477],"class_list":["post-31921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-telecommunications","tag-carel-van-der-merwe","tag-headline","tag-wirelessg"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/31921","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=31921"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/31921\/revisions"}],"predecessor-version":[{"id":31925,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/31921\/revisions\/31925"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/30282"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=31921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=31921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=31921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}