Competition Tribunal decision gives Cell C back control over its contract base
The Competition Tribunal has unconditionally approved the proposed merger in which Cell C will acquire Comm Equipment Company (CEC) from The Prepaid Company (TPC).
Comm Equipment Company and The Prepaid Company are...
Best South African telecoms investment in 2024 — Vodacom vs MTN vs Telkom vs Blue Label
A R1,000 investment in Cell C's largest shareholder in early 2024 was worth substantially more at the end of the year than the same investments in Vodacom, MTN, and Telkom.
Blue Label, which owns 49.5% of...
SA telecoms share price performance in 2022 compared
South Africans who bought shares in any of the country's six JSE-listed telecoms companies at the start of 2022 would have seen declines in their investment over the year.
MyBroadband analysed the share price performance of these companies...
Cell C's recapitalisation plan announced
Blue Label Telecoms announced yesterday that it concluded a non-binding term sheet with Cell C and its various financial stakeholders, but several questions remain about the deal.
To restructure Cell C’s R7.3 billion debt to certain secured lenders...
Blue Label's long road back after R16 billion value destruction
Poor management decisions, fraud by senior executives, and Cell C’s delayed recapitalisation have destroyed R16 billion in shareholder value and caused the market to lose trust in co-CEOs Brett and Mark Levy.
Blue Label’s results...
Blue Label's blunder in buying Cell C
The technology world is littered with blunders which cost companies billions of dollars and saw them fall out of favour with investors.
In 1999, for example, Excite had the option to buy Google for $750,000 with the agreement that Excite would replace its...
Blue Label faces threat of JSE listing suspension
Blue Label Telecoms faces the threat of a listing suspension by the JSE for not publishing its annual reports and notice of its annual general meeting within the required four months.
"The Johannesburg Stock Exchange (“JSE”) wishes to advise...
"Blue Label were idiots for getting mixed up with Cell C"
Paul Theron, the founder and CEO of asset management firm Vestact, says Blue Label Telecoms (Blue Label) “were idiots for getting mixed up with Cell C”.
Theron, a respected analyst and co-host of the Hot Stoxx show on CNBC Africa, is...
Blue Label share price falls after Cell C letter
Cell C recently published an open letter stating that the company would implement a new business plan to improve its current position.
CEO Douglas Craigie Stevenson said in the letter that the company faces financial and other challenges, and...
Blue Label to buy 3G Mobile for R1.9 billion
Blue Label and The Prepaid Company, a subsidiary of Blue Label, has concluded an agreement with 3G Mobile to acquire 100% of 3G’s issued share capital for R1.9 billion.
Blue Label lifts interim earnings
Blue Label Telecom on Tuesday reported a marginal rise in revenue of 3% to R13.2 billion, for the half year ended November 2016, due to continued growth in local market share.
Blue Label’s Cell C acquisition deal on track
Blue Label Telecoms has said that plans to acquire 35% of Cell C for R4bn as part of a recapitalisation plan are still “on track”.