Vodacom won't delay R7,5bn BEE deal any longer - Knott-Craig

November 19, 2007
South Africa's biggest cellphone services provider, Vodacom, will struggle with rising costs over the next few months, and hopes to conclude its long-awaited R7,5-billion empowerment deal early next year, it said on Monday.
CEO Alan Knott-Craig said that the company could not delay the black-economic empowerment (BEE) deal any longer, regardless of future potential significant changes in its shareholding.

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