The latest numbers from JSE-listed Blue Label Telecoms, by far South Africa’s largest distributor of prepaid airtime, suggest MTN is haemorrhaging market share to rival Cell C in the mass market. In notes accompanying Blue Label’s interim results for the half year ended November 2013
Blue Label Telecoms and MasterCard plan to roll out point-of-sale (POS) devices to 22 000 small traders and rural shops in South Africa, allowing them to accept card payments for the first time. Blue Label already provides thousands of POS terminals in South Africa, which
The latest annual financial results from Blue Label Telecoms show that Cell C is gaining ground on its rivals and is specifically stealing market share from rival MTN. In a presentation accompanying publication of its results for the financial year ended 31 May 2013, the company, which is by far the country’s largest
The Wireless Application Service Providers’ Association (Waspa) resolved at its annual general meeting on Thursday to file a complaint against mobile operator Cell C at the Competition Commission over alleged favouritism that industry players say is destabilising the industry. Waspa members
Mobile operator Cell C is allegedly giving Blue Label Telecoms-owned wireless application service providers (Wasps) preferential rates and services when they use its network, a move that has angered rival service providers. BulkSMS MD Pieter Streicher says the
Cell C is making the right moves to shake up South Africa’s cellphone industry and to take significant market share from bigger rivals Vodacom and MTN. That’s the view of Brett Levy, co-CEO of JSE-listed prepaid airtime distributor
Their father’s death, at the age of just 33, played a big role in shaping the lives of brothers Mark and Brett Levy, the founders and co-CEOs of JSE-listed Blue Label Telecoms. It also gave them some of the drive they needed to thrive in business, says Mark Levy. “I was eight and Brett had just turned five
JSE-listed Blue Label Telecoms has hiked its full-year dividend by 64% to 23c/share for the 12 months ended 31 May 2012 after it brought in cash from operations of R528m. Despite spending R800m in the 2012 financial year, including buying out Microsoft’s minority
A analysis of the annual reports of SA’s top technology companies – those with a market capitalisation above R1bn – show that Datatec CEO Jens Montanana is the highest paid CEO, at least among companies listed on the JSE. Montanana pipped MTN Group CEO Sifiso Dabengwa to the post, earning nearly US$3m in salary
JSE-listed telecommunications distribution specialist Blue Label Telecoms generated R795m in cash from operating activities in the six months to 30 November 2011, helping push accumulated cash resources on its balance sheet to R2,3bn and giving the company a war chest for its offshore expansion plans
