Former president Jacob Zuma was never going to remain the all-powerful and omnipresent political figure that he thought, writes Pieter du Toit.
Cell C's major equity holders Blue Label Telecoms and Net1 have both placed the fair value of the mobile operator at zero.
The recent recaptialisation deal between mobile network, Cell C and airtime seller, Blue Label Telecoms could see potential delays.
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 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.
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.
Full financial results of South Africa’s third largest mobile network, Cell C, have been revealed for the first time ever.
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 has received a ratings boost, following reports that Blue Label Telecoms plans to acquire a 35% stake in South African telecommunications business.
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 Telecoms posted a revenue jump from R18.9bn to R19.4bn and increased gross operating profit by R78m to R1.35bn.
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 Telecoms earnings continued to rise, according to the company’s financial results for the year ending May 2017.
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.
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.
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 Telecoms says plans to acquire 35% of Cell C as part of a recapitalisation of plan are still “on track”.
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.
The distributor of prepaid airtime plans to acquire a stake in South Africa’s third largest mobile network as part of a recapitalisation programme.
Is Blue Label Telecoms' unknown suitor trying to unlock trapped value, asks Gugu Lourie.
Blue Label Telecoms announced that gross operating profit increased by R78m to R1.35bn in their results for the year ended May 31 2014.
Cape Town Northern SuburbsPeoplefinder Career Placements
MosselbaaiCalandria Labour Consultants
R 2 750 000
R 2 350 000
We subscribe to the Press Code.
You choose what you want
News24 on Android
Get the latest from News24 on your Android device.
Terms and Conditions
24.com Terms and Conditions - Updated April 2012
Creating your profile will enable you to submit photos and stories to get published on News24.
This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.