Cell C’s majority shareholder, Dubai-based Oger Telecom, has earmarked an equity investment of US$350m (R3,5bn) for the mobile operator. In addition to the shareholder injection, key lenders, including Nedbank and Development Bank of South Africa (DBSA), have concluded a long-term financing package of R2,2bn to Cell C, in a transaction arranged
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Puleng Kwele, who was appointed as CEO of Broadband Infraco in 2012, believes the state-owned wholesale fibre-optic infrastructure provider, whose clients include Neotel, MTN and Cell C, is poised to turn around its fortunes in the financial year ended March 2014
Cell C has won its latest skirmish with Vodacom at the Advertising Standards Authority, this time over an advertisement its bigger rival ran in a Sunday newspaper last month promoting its international tariffs. Cell C, through its advertising agency, lodged a competitor complaint against Vodacom over
Telkom Mobile has slashed prepaid call tariffs to 29c/minute on per-second billing for on-network calls and to 75c/minute to all other networks. The new prepaid tariff plan, called Sim-Sonke, is “expected to blow the competition out of the water by offering the lowest standard mobile call rates in the country”, Telkom says in a statement
Ever been frustrated that data you bought from your telecommunications provider expired before you had a chance to use it? South Africa’s operators are entitled to do this, they argue, because you’re purchase airtime, you’re buying a service rather than a commodity. In other words, consumers are
The Internet Service Providers’ Association (Ispa) has argued that insufficient competition between mobile operators is keeping the cost of mobile broadband higher than it should be and limiting uptake by South African consumers. But the operators say it’s not that simple. Vodacom spokesman Richard
Cell C has launched an unlimited calling plan, Straight Up Infinity, for R999/month on a 24-month contract. But there’s a big catch: the rate applies only to on-network calls and, with Cell C being relatively small next to Vodacom and MTN, it’s unclear how many people will benefit from the plan – except least-cost
Vodacom has announced a new product called International Calling Plus that allows customers to call 118 countries from rates starting at 89c/minute, billed on a per second basis. The operator says this amounts to a saving of up to 88% on some international calls. The product will be available from Sunday
The Advertising Industry Tribunal has upheld a decision of the Advertising Standards Authority, in the process handing a victory to MTN, which had complained that a radio ad campaign by Cell C belittled its popular “MTN Zone” prepaid calling plan and its “Mahala Thursdays” promotion. In the Cell C
Mobile operator Cell C has slammed the Independent Communications Authority of South Africa (Icasa), accusing it of being “unable to verify its own information” in relation to the amount of money it owes the regulatory body for its use of radio spectrum. Cell C on Wednesday