LATEST NEWS FOR Blue Label Telecoms Ltd.  

Blue Label’s core business is the virtual distribution of secure electronic tokens of value, predominantly prepaid airtime, starter packs and electricity at present, and transactional services across its global footprint of touch points.... [more info]

Cell C could retrench almost 40% of its workforce

19 Jun 2020 /  Duncan McLeod   3
Initiates discussions with junior management and semi-skilled staff.

Cell C to split some assets into new special purpose vehicle – regulator

UPDATE
21 May 2020 /  Nqobile Dludla, Reuters  
Gatsby SPV will be controlled by a trust yet to be formed.

Cell C recapitalisation plan finalised

21 May 2020 /  Duncan McLeod   
Details still a closely guarded secret though.

JSE-listed IT companies’ torrid start to the decade

27 Feb 2020 /  Duncan McLeod   4
EOH is the poster child of how spectacularly bad things can get.

CEO on how Cell C is turning around

6 Feb 2020 /  Douglas Craigie Stevenson   2
Lenders haven't accelerated debt payments and have held off on taking enforcement action.

Rand, bonds recover slightly from virus-related selloff

28 Jan 2020 /  Mfuneko Toyana, Reuters  
Bonds also recovered, with the yield on the benchmark 2026 issue down 6 basis points to 8.085%.

Vodacom in talks to take subscribers from struggling Cell C

14 Jan 2020 /  Loni Prinsloo, Bloomberg   2
Cell C and its biggest shareholder, Blue Label Telecoms, are battling to service R9 billion in debt.

Vodacom in talks to take subscribers from struggling Cell C

14 Jan 2020 /  Loni Prinsloo, Bloomberg   
Vodacom could gain over 1m users in the deal, should it go ahead.

Rand jumps to 1-week high as trade hopes boost risk buying

15 Nov 2019 /  Mfuneko Toyana, Reuters    1
A trade deal with China is getting close, US official says.

Would Telkom be foolish to bet the farm on Cell C?

14 Nov 2019 /  Hilton Tarrant   5
Where else will growth come from?

Vodacom’s plan to leapfrog its rivals (again)

12 Nov 2019 /  Hilton Tarrant  
Personalisation, gamification, rewards and bots are changing the game.

Blue Label ‘extremely disappointed’ in Cell C investment

30 Oct 2019 /  Duncan McLeod    3
Blue Label's share price was most significantly hit after it sealed the deal with Cell C.

Cell C puts assets up for sale as losses deepen

10 Oct 2019 /  Loni Prinsloo, Bloomberg   2
Cell C ’s fiber-optic network and base of billed customers are up for grabs, sources say.

Blue Label Telecoms under threat of listing suspension

1 Oct 2019 /  Tanisha Heiberg, Reuters   1
Company has until the end of the month to publish its annual report.

Cell C seeks more network access from MTN in battle for growth

27 Sep 2019 /  Loni Prinsloo, Bloomberg   
An extended roaming deal with MTN could be concluded within the next month, Cell C CEO says.

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