Mobile operator Cell C turned a small profit of R2,8m in the six months ended 30 June 2016, an improvement from a loss of almost R1,2bn in the same six-month period a year earlier
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How many customers does Cell C actually have? On its website, as well as in communication from the company over the past year, it has claimed to have over 20m subscribers. But a regulatory filing on Tuesday suggests it actually
Cell C is in the process of raising US$600m, or about R8,5bn, to prop up its balance sheet, given its crippling debt load of R23,6bn. The company’s management is currently on a roadshow in London to drum up support among investors, as the
This week’s episode of TalkCentral was recorded at the action-packed rAge electronic entertainment exhibition at the Northgate Dome in Johannesburg. Your hosts, Duncan McLeod and Regardt van der Berg, chat about all the
JSE-listed Blue Label Telecoms, through its subsidiary The Prepaid Company, has announced it will acquire 45% of Cell C for R5,5bn. It had previously said it intended buying 35% of the mobile operator for R4bn as part
Blue Label Telecoms has continued the strong performance it reported in its interim results earlier this year, turning in a solid earnings performance for the full-year to 31 May 2016. The JSE-listed technology group
Blue Label Telecoms has said that plans to acquire 35% of Cell C for R4bn as part of a recapitalisation plan are still “on track”. In December last year, the boards of Cell C and its holding company, 3C Telecommunications
Blue Label Telecoms on Monday announced it has reached an agreement with SA Rugby for the Castle Lager Incoming series against Ireland. The JSE-listed will partner the Springboks for the three-test series of
Mark Pamensky was appointed to the Eskom board three months after joining the board of Gupta-owned Oakbay Resources and Energy, Eskom revealed on Tuesday. The Eskom website describes Pamensky as group operations officer of Blue Label Telecoms
Cell C’s empowerment partner CellSAf, which holds a quarter of the mobile operator’s equity, has decided to challenge a multibillion-rand restructuring…