JSE-listed Blue Label Telecoms has hiked headline earnings per share by 17% in the year ended 31 May 2013 if the effect of a once-off income receipt of R79,4m in the prior year is excluded. The strong performance came despite relatively flat revenue growth from continuing operations
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Telkom’s share price has rallied by more than 40% in less than two months, despite a run of bad news from the company. Analysts are buoyed by the change of leadership and some of the decisions taken subsequently, but suggest that without further clarity on Telkom’s long-term strategy, the stock gains may be
Telkom has accused the former MD of its international business unit, Thami Msimango, and well-known businessman Mthunzi Mdwaba of violating South Africa’s anticorruption laws over an agreement involving former subsidiary Multi-Links and JSE-listed Blue Label Telecoms. The allegations
The fallout from Telkom’s disastrous Nigeria investment continues. The JSE-listed telecommunications group revealed on Friday in its annual results that it has issued a summons on the listed Blue Label Telecoms, subsidiaries of the company, as well as on a former executive of Telkom claiming an amount
South Africa’s largest mobile operator, Vodacom, has begun charging an 11c interconnection fee to carry short message service (SMS) text onto its network. The move comes after Cell C allegedly began offering wireless application service providers owned by Blue Label Telecoms the ability to send and receive messages to and from any
Cell C has sidestepped a potential Competition Commission investigation after it revised its wholesale bulk SMS pricing rates to all wireless application service providers (Wasps), prompting the industry association, Waspa, to withdraw a member decision to lodge a complaint with the competition body
Vodacom has reduced the cost of its wholesale bulk SMS products by 20%, from 17,5c/message to 14c. The rate excludes VAT and there are various discounts available for large volume purchases. The move comes a week after Cell C announced its own reduction
The Wireless Application Service Providers’ Association (Waspa) resolved at its annual general meeting on Thursday to file a complaint against mobile operator Cell C at the Competition Commission over alleged favouritism that industry players say is destabilising the industry. Waspa members
Mobile operator Cell C is allegedly giving Blue Label Telecoms-owned wireless application service providers (Wasps) preferential rates and services when they use its network, a move that has angered rival service providers. BulkSMS MD Pieter Streicher says the
An improvement in gross profit margins and a reduction in the number of shares in issue have helped JSE-listed Blue Label Telecoms lift normalised headline earnings per share by 26% in the six months ended 30 November 2012. Normalised headline