Recall that $(C, \C mod{\cdot })$ is a normed space, and so also a metric space. So, a sequence $(z_n)_{n \in \N }$ of complex numbers is egoprox and convergent as usual. Both of these are equivalent to the corresponding conditions on the sequences of real and imaginary parts.
As a result of the second proposition, if $z_n$ is egoprox then there is a limit $x_0$ and $y_0$ for its real and imaginary pieces, and so as a result of the first proposition, $z_n$ converges. In other words, every cauchy sequence converges.