UNION ALLIANCE MEDIA LIMITED
THE chief executive of third cellular licence contender NextCom, Bushy
Kelobonye, has questioned the motives of Union Alliance Holdings - the trade
union investment group - in accepting the recent awarding of the licence to
Cell-C.
UAH announced yesterday that it was withdrawing from the NextCom consortium and
accepting the government's decision on the licence.
"This is mischief-making and seriously out of line. UAH is acting as if they
are a NextCom shareholder, and yet they have never had a direct stake in
NextCom," said Kelobonye.
"The reality is that there is still a judicial process under way, and until the
courts of the land have ruled on this matter, the awarding of the licence is
not cut and dried.
"If UAH are trying to sabotage NextCom's case, for their own agenda, we will
not hesitate to protect our interests. We need to ask why UAH cannot have the
patience to wait for the judicial review. And we need to ask why they are
acting as if they are shareholders."
Kelobonye said NextCom was entitled to challenge a process that was fraught
with irregularities, and it was surprising that UAH found it necessary to come
out in favour of Cell-C at this time, "when it had always supported the NextCom
bid through its investment in Union Alliance Media, which holds a stake in
NextCom".
Kelobonye said he was examining UAH's statement and if the company made any
further moves to prejudice NextCom, he would not hesitate to take action.
ENDS
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