S&P Global Ratings has downgraded Cell C’s debt rating further after the troubled mobile operator amended a private “airtime facility” agreement that the agency described as being “tantamount to a selective default”.
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Telkom Group CEO Sipho Maseko has sold more than 112 000 shares in the telecommunications operator, bagging R10.8-million in the process.
While state-owned enterprises such as Eskom, SAA and the SABC continue to make headlines for all the wrong reasons, one (partially) state-owned company is doing quite well, thank you very much. By Duncan McLeod.
Vodacom, MTN and Cell C have all shown a decline in customer satisfaction scores in the past year, though MTN and Cell C lag their bigger rival, according to new research.
Cell C and the government of the Free State have signed an agreement to roll out public-access Wi-Fi across the central South African province.
South Africans are not satisfied with their mobile network providers, particularly the biggest provider, Vodacom.
The ham-fisted way in which Vodacom implemented Icasa’s data regulations damaged the operator’s reputation and drove consumers to threatening to quit the network, according to new research.
Industrial action at Cell C has led to almost 400 employees being suspended. The move by the mobile operator comes after disruptive strike action this week that forced it to shut its Johannesburg head office.
Cell C has partnered with Facebook to roll out public-access Wi-Fi hotspots in South Africa, and has taken the first few live at the University of the Western Cape.
Blue Label Telecoms is considering offers for potential new investment in Cell C after posting a first-half loss partly caused by its interest in South Africa’s third-largest mobile phone company.