R46.2-billion of prepaid electricity moved through the group in the year to May, up 4%. The commission it earned fell 13%.
Browsing: Comm Equipment Company
The damage is in the accounting rather than at the trading level, but shareholders face a big swing from profit to loss.
Blu Label has resumed dividend payments after years of Cell C restructuring drained the group’s resources.
Blu Label has warned it will absorb a R5.2-billion hit related to Cell C as it finally draws the line under a long-running saga.
Cell C’s first results as a listed company reveal a cleaner balance sheet but a business still searching for momentum.
Cell C’s improving performance is supported by balance sheet strength and a capital-light model.
Blue Label Telecoms has unveiled a major planned restructuring involving the mobile operator.
JSE-listed Blue Label Telecoms has taken a decisive step in its troubled, long-running association with Cell C.
A key regulator has given the green light to a transaction that should help advance a proposed plan to list Cell C.
Supporting MVNOs like Capitec Connect is critical to Cell C’s successful turnaround, CEO Jorge Mendes has said.