Bowmans advised Oger Telecom in relation to its proposed ZAR 24 billion disinvestment of its majority stake in the third largest telecoms operator in South Africa, Cell C, to Blue Label Telecoms and Net1 and we have also acted for Cell C in the general restructuring of its equity and debt. As Cell C is the third largest telecommunications provider in the South African market, various parties have been identified as subscribers who would add significant value as shareholders in Cell C and various creditors of Cell C have agreed to the restructuring of the debt owed to them. Bowmans provided M&A, regulatory and competition advice.