Browsing: Blue Label Telecoms

Icasa clears Cell C over recapitalisation

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

Icasa raises red flag over Cell C deal

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 reports strong earnings growth

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

CellSAf again vows to stop Cell C deal

The recapitalisation of Cell C involving JSE-listed companies Blue Label Telecoms and Net1 UEPS Technologies is “not a done deal”, the mobile operator’s embittered black economic empowerment partner said on

Cell C names new chairman

Kuben Pillay is the new chairman of Cell C, while Larry Nestadt will serve as his deputy, the mobile operator said on Monday. The appointments follow the recapitalisation of Cell C and the purchase by

New dawn for Cell C

Blue Label Telecoms said on Monday that it has wrapped up its acquisition of 45% of Cell C for R5.5bn, concluding a restructuring deal that has resulted in the mobile operator’s debt being reduced from R23bn to less than R6bn

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