November 19, 2008 / 1:55 PM / 9 years ago

S.African mobile phone firm Cell C's CTO resigns

JOHANNESBURG, Nov 19 (Reuters) - South Africa’s third-biggest mobile phone operator Cell C said on Wednesday its chief technical officer, Pierre Obeid, had resigned.

Steve Boiles, the company’s executive head of networks, will be acting chief technical officer until a new appointment has been made.

    Obeid, a Lebanese national, joined Cell C in 2000 and has held various positions. He quit to return to Lebanon.

    Cell C is majority-owned by Saudi Oger. It is dwarfed by rivals Vodacom — jointly-owned by South Africa’s Telkom (TKGJ.J) and Britain’s Vodafone (VOD.L) — and MTN (MTNJ.J) and has yet to make a net profit more than five years after launching.

    Reporting by Gugulakhe Lourie, Editing by Richard Hubbard

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