Blue Label Telecoms’ share price soared 15% on Thursday after reporting a strong set of interim results for the six months ended 30 November 2017. Adjusted core headline earnings per share – stripping out the effects of
Cell C plans to boost expenditure to R3bn this year as South Africa’s third largest mobile phone company hunts for acquisitions in the wake of a…
Blue Label Telecoms, the JSE-listed company that now owns 45% of Cell C, said on Thursday that it expects core headline earnings per share for the six months ended 30 November 2017 to double compared to
Cell C is seeking acquisitions that will help transform South Africa’s third biggest mobile phone company into a full-service telecommunications provider offering Internet and financial services as well as traditional calls and texts
Communications regulator Icasa has found that Cell C followed due process during its recapitalisation, as part of which Blue Label Telecoms and Net1 UEPS Technologies invested R7.5bn in the company, the mobile operator
Since the beginning of the year, Vodacom has delivered the best returns for shareholders among listed telecommunications shares, while Telkom has been a noticeable laggard, particularly since mid-2017
Cell C has reported a 12% growth in the number of active subscribers on its network. The company had 15.7m active customers at the end of June 2017, up from 14m a year earlier. At the same time, the mobile operator
Although Cell C will avoid getting involved in a capital expenditure war with rivals MTN and Vodacom, it will build South Africa’s best urban 4G/LTE network, Blue Label Telecoms co-CEO Brett Levy said on Tuesday. Levy, who
The recapitalisation of Cell C has hit a potential roadblock. Communications regulator Icasa late on Wednesday evening said the mobile operator may have failed to make the correct regulatory filings regarding the
Blue Label Telecoms, the JSE-listed group led by brothers Mark and Brett Levy, has turned in a strong set of financial results for the year to May 2017, the last numbers it will report that don’t include contributions from its