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
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
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
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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