Blue Label Telecoms, the JSE-listed company in talks to buy a 35% stake in mobile operator Cell C for R4bn, has turned in a strong set of results for the six months to 30 November 2015. Headline earnings rose by 25% to R355m on the back of a
Browsing: Blue Label Telecoms
JSE-listed Blue Label Telecoms, which is in talks to buy 35% of mobile operator Cell C, looks set to turn in a strong financial performance in the six months ended 30 November 2015. The company
Huge Group will begin trading alongside major telecommunications operators MTN and Vodacom after the JSE approved its move from the Alternative Exchange to the bourse’s main board.
Huge Group, Adapt IT and Net1 UEPS Technologies top the list of the best performing technology shares on the JSE in 2015. In a difficult economic environment, the three counters have far outperformed the overall market, adding 95,2%, 58,5% and 55,5% respectively over the past 12 months
South Africa’s third largest mobile network, Cell C, said on Wednesday that its board has accepted an offer from Blue Label Telecoms to acquire 35% of the company for R4bn. The boards of Cell C and its
A big restructuring at Cell C, which would see the company’s debt reduced by more than half, to less than R8bn, may soon result in it receiving a ratings upgrade from Standard & Poor’s. In a note published on Tuesday, the ratings agency said it has placed
Cell C intends listing on the JSE within the next few years to unlock value for shareholders and staff. This comes in the wake of news this week that Blue Label Telecoms has tabled an offer to acquire a 35% stake in South Africa’s third mobile operator for R4bn
Blue Label Telecoms is acquiring 35% of Cell C, injecting R4bn in new capital as part of a major restructuring of the telecommunications operator that will lead to current controlling shareholder
Blue Label Telecoms chief operating officer Mark Pamensky has resigned “to pursue personal business interests”, the JSE-listed group said on Monday. Although he has informed the board of
An investment in Adapt IT over the past three years or, even better, over five years would have paid off handsomely. The IT counter has proved to be by far the best performer among technology and