Cell C has confirmed the final pricing and outcome of its long-awaited JSE listing, marking a major milestone in the operator’s restructuring efforts.
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Cell C has cut the offer price for its imminent JSE debut, trimming as much as R3.50/share off the bottom of the original range.
Cell C is heading to the public market with a proposed JSE listing that pegs the offer price between R29.50 and R35.50/share.
Vodacom CEO Shameel Joosub has warned that a mobile market with too many players might not be sustainable.
Cell C Holdings has announced its intention to list on the JSE, a move that had been expected for some time.
South Africa’s mobile operators have developed voluntary Sim registration principles to combat rampant Sim fraud.
Capitec is doubling down on mobile and fintech services. An acquisition of Blu Label might be the next logical step.
Blu Label could pay a special dividend to shareholders if its planned listing of Cell C on the JSE next year goes ahead.
MVNOs are key to Cell C’s growth strategy as it works towards becoming a “network operator of the future”.
MVNO challengers are winning over consumers disaffected by poor service from South Africa’s big telecoms operators.