As part of a new strategy, it would move away from consumer mobile services and focus on becoming an MVNO-enabler, which gave rise to Tethys.subsequently cut Virgin Mobile’s subscribers offTethys senior business rescue practitioner John Henning said the 21-month business rescue process had been arduous but that there was finally a light at the end of the tunnel.
Huge Group said that post-commencement creditors who supported Tethys during the business rescue process would be settled in full. Huge Group said it would acquire Cell C’s claims against Tethys as well as the claims of various pre-commencement creditors.
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