douglas craigie stevenson

  1. Jan

    Douglas Craigie Stevenson resigns as Cell C CEO

    Cell C CEO resigns Douglas Craigie Stevenson has resigned as CEO of Cell C, effective 31 March 2023. Blue Label Telecoms, a major publicly-traded stakeholder in Cell C, informed shareholders of Craigie Stevenson’s resignation via the JSE news service.
    • Jan
    • Thread
    • blue label telecoms brett copans cell c douglas craigie stevenson
    • Replies: 4
    • Forum: Broadband and IT News
  3. Jan

    Cell C appoints Stephen Morony as Chief Officer: Wholesale Business

    Stephen Morony returns to Cell C Cell C has announced the appointment of Stephen Morony as chief officer for its wholesale business. Morony officially started in the role on 1 January 2023.
    • Jan
    • Thread
    • cell c douglas craigie stevenson mobile virtual network operator (mvno) stephen morony
    • Replies: 2
    • Forum: Broadband and IT News
  4. Jan

    Cell C creates new post - Chief Restructuring Officer

    Cell C appoints Chief Restructuring Officer Cell C has appointed Brett Copans to the newly created role of chief restructuring officer. The operator said the aim of his role is to ensure the prudent and efficient use of resources, and allocating funding to high-value opportunities.
  5. Jan

    Cell C's 2017 and 2022 recaps compared

    We compared Cell C's company-saving deals — and it looks worse-off now than in 2017 When Cell C CEO Douglas Craigie Stevenson unveiled Cell C’s latest results on 29 September, he was upbeat about their prospects following the long-awaited recapitalisation deal. With a reduced debt burden...
    • Jan
    • Thread
    • attacq blue label telecoms cell c douglas craigie stevenson jose dos santos lerato pule
    • Replies: 2
    • Forum: Broadband and IT News
  6. Jan

    Cell C's second recapitalisation finally goes through

    Blue Label closes deal to try and save Cell C Blue Label Telecoms has announced that the restructuring of Cell C’s balance sheet is complete after three years of work. The company said it had concluded binding long-form agreements with Cell C and various Cell C financial stakeholders...
  7. Jan

    Cell C CFO Zaf Mahomed resigns

    Cell C chief financial officer resigns Cell C has announced that chief financial officer Zaf Mahomed is leaving the company. Lerato Pule will replace him as Cell C’s CFO from tomorrow, 1 September 2022. “Pule joined the leadership team earlier this year to ensure a smooth handover and will...
    • Jan
    • Thread
    • blue label telecoms cell c douglas craigie stevenson jose dos santos zafar mahomed
    • Replies: 2
    • Forum: Broadband and IT News
  8. Jan

    Cell C launches free social and video data bundles for prepaid customers

    Cell C launches free load-shedding data bundles Cell C is providing its prepaid customers with free streaming and social data bundles to make up for the allocations they might not have consumed due to load-shedding. The operator acknowledged that load-shedding limited customers' network...
  9. Jan

    Cell C recapitalisation nears conclusions as senior lenders vote to take 80% haircut

    Cell C lenders vote to take 80% loss on their debt to save company Cell C's secured lenders, who formerly held publicly listed bonds or notes, have voted in favour of a compromise cash-out offer of 20c for every R1 of debt. The mobile operator said this marks a critical milestone in its...
  10. Jan

    Existential Cell C debt vote meeting postponed

    Crucial Cell C meeting postponed after curious punctuality problem A meeting for Cell C's priority creditors to vote on whether they will take an 80% haircut on their debt to facilitate the operator's recapitalisation plan has been postponed. Cell C has not been able to pay its debts, and...
  11. Jan

    Cell C "close" to 5G deal

    Cell C customers could get 5G soon Cell C customers could have access to 5G connectivity soon as the mobile network operator says it is in talks with its infrastructure partners to implement the service. MyBroadband asked Cell C whether it planned to launch a 5G network for its customers, and...
  12. Jan

    Bond process launched in next step to recapitalise Cell C

    Blue Label launches bond process to save Cell C Cell C has called a meeting of debtors to vote on whether they will take an 80% haircut on their debt as part of a deal to recapitalise the mobile operator. The company has not been able to pay its debts, and should the recapitalisation not...
  13. Jan

    Cell C's keeps its spectrum plans vague

    Cell C dodges 5G spectrum questions Cell C acquired spectrum in the 3,500MHz frequency band during the auction held earlier this year, and the mobile operator will use the asset to further develop its virtualised radio network. This is according to Cell C's chief technology officer Schalk...
    • Jan
    • Thread
    • cell c douglas craigie stevenson independent communications authority of south africa (icasa) schalk visser
    • Replies: 1
    • Forum: Broadband and IT News
  14. Jan

    "Significant step" in Cell C recapitalisation

    Cell C recapitalisation inches closer Blue Label Telecoms has announced that it signed a non-binding term sheet with key stakeholders as part of Cell C’s recapitalisation. "This is a significant step in the transition to ensure a sustainable debt profile for the mobile operator," Blue Label...
  15. Jan

    Cell C grows subscribers and posts profit before tax

    Cell C shows profit before tax — grows subscribers Cell C has released its interim results for the six-month period to June 2021, showing a profit before tax and subscriber growth compared to this time last year. The mobile operator reported a R148-million profit before tax. This is a...
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