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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]

RMB, Investec in talks with Cell C over funds

1 Jul 2021 /  Loni Prinsloo and Roxanne Henderson, Bloomberg    4
As the mobile operator continues to struggle under its debt burden.

Fallen giants: How are the turnarounds going?

29 Apr 2021 /  Keith McLachlan   2
Six once-large groups, and what the prognosis looks like for each.

Cell C’s expanded roaming agreement with Vodacom ‘part of its new strategy’

14 Jan 2021 /  Duncan McLeod   1
Plans to use both Vodacom and MTN networks to provide cellular services.

Cell C starts moving customers to Vodacom network

13 Jan 2021 /  Nqobile Dludla, Reuters   1
Transitioning its contract and broadband clients first.

How many listings from the 2006/7 boom remain?

11 Nov 2020 /  Moneyweb reporter   7
More than 100 companies made their debuts in a crazy 24 months …

Cell C losses widen as hunts for profitable customers

5 Nov 2020 /  Nqobile Dludla, Reuters   1
Total revenue for the six months fell 8% to R6.9bn, including a 6% drop in service revenue.

Cell C reports R7.6bn interim net loss

20 Oct 2020 /  TechCentral   4
Mainly due to once-off costs and adjustments.

Telkom now likely SA’s third largest mobile operator

27 Aug 2020 /  Duncan McLeod   3
After Cell C's subscriber base dipped over a quarter in the year to May 2020.

Cell C is set to close 128 retail stores

21 Aug 2020 /  Duncan McLeod   3
546 jobs could go.

Cell C sees ‘good progress’ on recap plan

4 Aug 2020 /  Duncan McLeod   2
AfterBlue Label Telecoms says the mobile operator again defaulted on repayments.

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.

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