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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]

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.

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.

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