Cell C is making the right moves to shake up South Africa’s cellphone industry and to take significant market share from bigger rivals Vodacom and MTN. That’s the view of Brett Levy, co-CEO of JSE-listed prepaid airtime distributor
Browsing: Blue Label Telecoms
Nomanini this week closed a lucrative round of funding and secured two international backers, all just 18 months after inception. The hardware and software company builds, distributes and maintains devices that allow informal retailers to sell prepaid
Their father’s death, at the age of just 33, played a big role in shaping the lives of brothers Mark and Brett Levy, the founders and co-CEOs of JSE-listed Blue Label Telecoms. It also gave them some of the drive they needed to thrive in business, says Mark Levy. “I was eight and Brett had just turned five
JSE-listed Blue Label Telecoms has hiked its full-year dividend by 64% to 23c/share for the 12 months ended 31 May 2012 after it brought in cash from operations of R528m. Despite spending R800m in the 2012 financial year, including buying out Microsoft’s minority
A analysis of the annual reports of SA’s top technology companies – those with a market capitalisation above R1bn – show that Datatec CEO Jens Montanana is the highest paid CEO, at least among companies listed on the JSE. Montanana pipped MTN Group CEO Sifiso Dabengwa to the post, earning nearly US$3m in salary
Blue Label Telecoms, the JSE-listed company that distributes and resells airtime and other prepaid services, turned in solid results in the six months to November 2011 when it revealed the numbers in February. But part of those results included a confidential income receipt in its mobile
Telecommunications operator iBurst is in play and a deal could be announced within the next few weeks, according to several well-placed industry sources. TechCentral has not been able to establish which company is courting iBurst, which is owned by Wireless Business Solutions Holdings (WBS), but it’s
Earlier this week, Blue Label Telecoms, the largest distributor of prepaid vouchers airtime in SA, revealed that 8ta accounts for well under 1% of its airtime revenues. Vodacom, MTN and Cell C contribute 53%, 34% and 10% respectively. There was little doubt 8ta, which was launched in 2010 after Telkom disposed of
JSE-listed telecommunications distribution specialist Blue Label Telecoms generated R795m in cash from operating activities in the six months to 30 November 2011, helping push accumulated cash resources on its balance sheet to R2,3bn and giving the company a war chest for its offshore expansion plans
African Prepaid Services Nigeria (APSN), a now-mostly-dormant company in which JSE-listed Blue Label Telecoms has an effective 37% stake, is claiming US$481m, or about R4bn at the prevailing exchange rate, in damages from Multi-Links, Telkom’s former Nigerian