ARTICLES RELATING TO BLUE LABEL TELECOMS

Cell C now valued at zero

2019-09-19 17:27

Cell C's major equity holders Blue Label Telecoms and Net1 have both placed the fair value of the mobile operator at zero.

Cell C hits Icasa speed bump over recapitalisation deal

2017-08-31 10:28

The recent recaptialisation deal between mobile network, Cell C and airtime seller, Blue Label Telecoms could see potential delays.

Cell C acquisition was 'like the birth of a child' - Blue Label CEO

2017-08-08 10:59

After the conclusion of one of the country’s most complicated acquisitions, Blue Label Telecoms CEO Mark Levy told Fin24 that finalisation felt like ‘the birth of a child’.

Cell C seeks 73% debt reduction in Blue Label buyout deal

2017-06-21 10:47

Cell C wants to cut its debt by 73% as part of a deal that will help it sell a stake to Blue Label Telecoms while retaining its operating licence, according to people familiar with the matter.

Cell C posts its first-ever full-year profit

2017-03-14 13:55

South Africa’s third largest mobile network Cell C has recorded its first full-year profit of R540m, following a R5.6bn loss the previous year.

Here is how much money Cell C is making

2016-10-18 12:50

Full financial results of South Africa’s third largest mobile network, Cell C, have been revealed for the first time ever.

Bok sponsor extends deal

2016-08-11 19:21

SA Rugby has announced that Blue Label Telecoms has extended its partnership with the Springboks to cover the rest of the 2016 season.

Cell C gets ratings boost over acquisition plans

2015-12-22 18:30

Cell C has received a ratings boost, following reports that Blue Label Telecoms plans to acquire a 35% stake in South African telecommunications business.

Telkom and Blue Label settle dispute

2014-12-10 11:06

A dispute dating back to Telkom’s failed Nigerian telecoms venture Multi-Links, which centred on a distribution deal, has been settled according to an announcement.

Blue Label lifts revenue to R19.4bn

2014-08-21 14:14

Blue Label Telecoms posted a revenue jump from R18.9bn to R19.4bn and increased gross operating profit by R78m to R1.35bn.

 

Cell C reports R588m net loss

2017-11-02 13:38

Mobile network Cell C reported a R588m net loss in its interim results for 2017, its major shareholder Blue Label Telecom has announced

Blue Label posts solid earnings growth

2017-08-25 15:27

Blue Label Telecoms earnings continued to rise, according to the company’s financial results for the year ending May 2017.

Blue Label set to buy 3G Mobile for R1.9bn

2017-06-27 11:28

Airtime seller Blue Label Telecoms has announced an agreement which will see it acquire 3G Mobile, one of Africa’s largest mobile distributors, for R1.9bn.

Cell C deal remains on track after Net1 speed wobble

2017-06-02 08:25

The move by Blue Label Telecoms to acquire a 45% stake in C Cell hit a speed wobble this week after Net1 changed course as the third-party investor.

Last-minute deal reached between Blue Label, Cell C

2017-02-27 14:20

Local telecommunications player Blue Label Telecoms has reached a last-minute agreement that is expected to see it acquire 45% of Cell C.

Blue Label’s Cell C acquisition deal ‘on track’

2016-08-18 06:57

Blue Label Telecoms says plans to acquire 35% of Cell C as part of a recapitalisation of plan are still “on track”.

Blue Label edges closer to acquiring 35% of Cell C

2015-12-30 14:03

South Africa’s third largest mobile network says its board has accepted an offer from Blue Label Telecoms to acquire 35% of the company for R4bn.

Blue Label to acquire 35% of Cell C

2015-12-10 15:50

The distributor of prepaid airtime plans to acquire a stake in South Africa’s third largest mobile network as part of a recapitalisation programme.

Mystery bid for Blue Label

2014-10-03 07:26

Is Blue Label Telecoms' unknown suitor trying to unlock trapped value, asks Gugu Lourie.

Video
Blue Label hits R1bn gross operating profit

Blue Label Telecoms announced that gross operating profit increased by R78m to R1.35bn in their results for the year ended May 31 2014.

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