Browsing: Telecoms

ZTE went from one-foot-in-the-grave to 2019’s technology superstar. Despite a gain of more than 60% that’s pushed its shares well above analysts’ projections, some investors argue that rally still has legs.

Cell C’s largest shareholder, the JSE-listed Blue Label Telecoms, said on Friday that The Buffet Consortium plans to buy a minority shareholding in Cell C that will bolster the mobile operator’s balance sheet.