Blue Label Telecoms has denied its contract with Vodacom to distribute airtime is being cancelled, rubbishing widespread market speculation that the mobile operator has served notice to terminate
Browsing: Cell C
JSE-listed Blue Label Telecoms and Cell C have reached an 11th-hour agreement that now appears to pave the way for a major restructuring of the debt-laden mobile operator
Cell C has hit back at its black economic empowerment partner CellSAf, which at the weekend threatened to take the mobile operator to court if it proceeds with a planned restructuring in terms of which
Cell C’s black economic empowerment shareholder, CellSAf, which currently holds 25% of South Africa’s third largest mobile operator, has warned it will head to court this week if a planned restructuring goes ahead, saying it’s
Telkom is considering acquiring Cell C’s debt as it seeks to gain access to subscribers of the nation’s third largest mobile phone company. Cell C creditors approached Telkom to help reorganise debt that includes
The board of Cell C has rejected overtures from rival Telkom to acquire the mobile operator and said it is “unable and not willing to pursue any discussion” with South Africa’s fixed-line incumbent. The move appears to pave the
Cell C’s future will be decided by this time next week. That’s when the mobile operator must complete a planned restructuring in terms of which Blue Label Telecoms will take a 45% stake in the debt-laded mobile operator. But there’s now
Telkom is considering a bid of as much as R13bn for Cell C, which has missed debt payments and is trying to complete a recapitalisation, according to three people familiar with matter. Investment banks are also approaching other potential
There is a prevailing view in government – or certainly in the department of telecommunications & postal services – that infrastructure competition in providing broadband is bad. Nothing could be further from the truth.
Communications regulator Icasa has deferred a planned auction of high-demand spectrum indefinitely. In a notice published in the Government Gazette, Icasa said it is deferring the timeframe for the award process “until further notice”. The move is