Browsing: Blue Label Telecoms

Cell C reports R1.3-billion full-year loss

Cell C reported a total comprehensive loss for the 2018 financial year of R1.3-billion, a filing on shareholder Blue Label Telecoms’ website on Thursday shows. The results are preliminary and unaudited.

Jonathan Beare consortium to buy into Cell C

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.

Telkom said to be mulling second bid for Cell C

Telkom is considering making an offer to buy a majority stake in Cell C that would lead to a combination of South Africa’s third- and fourth-largest mobile phone companies, according to people familiar with the matter.

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