R46.2-billion of prepaid electricity moved through the group in the year to May, up 4%. The commission it earned fell 13%.
Browsing: The Prepaid Company
Capitec and FNB subscribers are doing more for Cell C than its own customers, its full-year results to 31 May 2026 show.
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 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 listed on the JSE on Thursday, completing a multi-year turnaround that has reshaped the business.
Cell C is heading to the public market with a proposed JSE listing that pegs the offer price between R29.50 and R35.50/share.
Blu Label could pay a special dividend to shareholders if its planned listing of Cell C on the JSE next year goes ahead.
Blu Label Unlimited Group has been given the green light by the Competition Tribunal to take control of Cell C.
Blue Label Telecoms has unveiled a major planned restructuring involving the mobile operator.
Blue Label Telecoms shares have gained 71% in the past 12 months on the expectation of a turnaround at Cell C.