Huge to buy former Virgin Mobile network business.
JSE-listed Huge Group is buying Tethys Mobile, previously known as Virgin Mobile SA, which has been in business rescue since 2020. Huge Group will acquire Cell C’s claims against Tethys, plus the claims of various pre-commencement creditors. It has pledged a capital injection for the troubled business and will preserve jobs. Once the transaction is finalised and Tethys exits the business rescue process, it will be renamed to Huge Digital Enablement.