South Africa’s third largest mobile network, Cell C, said on Wednesday that its board has accepted an offer from Blue Label Telecoms to acquire 35% of the company for R4bn. The boards of Cell C and its
Browsing: Cell C
A big restructuring at Cell C, which would see the company’s debt reduced by more than half, to less than R8bn, may soon result in it receiving a ratings upgrade from Standard & Poor’s. In a note published on Tuesday, the ratings agency said it has placed
A complaint five years ago by Vodacom against rival Cell C has come back to haunt it. The Advertising Standard Authority of South Africa on Friday found in favour of Cell C in a new complaint, and has ordered that Vodacom stop advertising its network as “4G” on its billboards
MTN has been named by independent researchers as the overall best network to use when travelling abroad. Tariffic, a company that helps businesses and individuals manage their mobile bills by applying complex software to find the best packages to suit their needs, has released
Cell C intends listing on the JSE within the next few years to unlock value for shareholders and staff. This comes in the wake of news this week that Blue Label Telecoms has tabled an offer to acquire a 35% stake in South Africa’s third mobile operator for R4bn
Blue Label Telecoms is acquiring 35% of Cell C, injecting R4bn in new capital as part of a major restructuring of the telecommunications operator that will lead to current controlling shareholder
The sale of Altech Autopage’s subscriber base has been referred back to the Competition Commission, putting into question a planned shutdown date. In September, Johannesburg listed
The Competition Commission has recommended to the Competition Tribunal that the sale of Altech Autopage’s subscriber bases to mobile operators Vodacom, MTN and Cell C be approved without
Cell C will expand its 4G/LTE network to the Western Cape, the mobile operator said on Wednesday. Commercial switch-on will happen on 1 December. The launch of the LTE network is timed to meet demand from holidaymakers, who are expected to
Something significant transpired on Friday last week that prompted South Africa’s largest telecommunications operator, Vodacom, to review the structure of its acquisition of Neotel, a