Confusion over the difference between ownership and control has muddied the waters at Icasa hearings.
Browsing: CellSAf
A board meeting of a key Cell C shareholder scheduled for earlier this month was cancelled in order to probe alleged fraud related to the removal and appointment of company directors, TechCentral has learnt.
Blue Label Telecoms has described claims made by disgruntled Cell C shareholder CellSAf in a media statement on Wednesday as “factually incorrect in all respects” and accused the black-owned consortium of make claims
Communications regulator Icasa has found that Cell C followed due process during its recapitalisation, as part of which Blue Label Telecoms and Net1 UEPS Technologies invested R7.5bn in the company, the mobile operator
Cell C has reported a 12% growth in the number of active subscribers on its network. The company had 15.7m active customers at the end of June 2017, up from 14m a year earlier. At the same time, the mobile operator
The recapitalisation of Cell C has hit a potential roadblock. Communications regulator Icasa late on Wednesday evening said the mobile operator may have failed to make the correct regulatory filings regarding the
The recapitalisation of Cell C involving JSE-listed companies Blue Label Telecoms and Net1 UEPS Technologies is “not a done deal”, the mobile operator’s embittered black economic empowerment partner said on
Cell C is seeking to cut its debt by 73% as part of a deal that will help South Africa’s third largest mobile phone operator sell a stake to Blue Label Telecoms while retaining its operating licence, according to two people
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