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

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BRIEF-Blue Label Telecoms Says All Suspensive Conditions On 3G Mobile's Handset Operations Sale Fulfilled
Credit: © Reuters.

Feb 14 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :

* 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

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