These are the JSE’s top-performing tech shares over one year and over five years – with the winner topping both charts.
Browsing: Blue Label Telecoms
Blue Label Telecoms has increased its economic interest in Cell C by another 10 percentage points.
The Competition Tribunal has been criticised over lengthy delays in concluding investigations of key deals in the ICT sector.
Blue Label Telecoms shares have gained 71% in the past 12 months on the expectation of a turnaround at Cell C.
Confusion over the difference between ownership and control has muddied the waters at Icasa hearings.
Cell C is confident the company will have enough cash to settle its shareholder debt coming due in the next three to five years.
Icasa and the Competition Tribunal will hold separate public hearings into Blue Label Telecoms’ proposed acquisition.
Blue Label Telecoms said on Wednesday that its full-year core headline earnings per share will take a knock.
Cell C has moved to signal that it remains a force to be reckoned with in South Africa’s telecoms industry.
Blue Label Telecoms has received approval from the Competition Commission to take control of Cell C.










