Cell C has failed – Analyst

[Kevin Lancaster]

Cell C has failed – Analyst

Sasfin Securities Deputy Chairman David Shapiro has described Cell C as an abysmal failure which has failed to live up to expectations.

 

[Chris.Geerdts]

Sadly, this is potentially self-fulfilling. Given enough bad publicity they will lose customers and suppliers will panic, further exacerbating the problems

It's unfortunate because we already have high prices and bad service with the little competition that does exist

 

[neoprema]

one analyst's opinion. i would wait and see how it plays out.

 

[system32]

“They captured a little bit of the market, but have not gone anywhere near where the projections were,” said Shapiro.

25.1% of ZA mobile subscriber market can hardly be considered a "little bit"
See business tech article:
SA mobile market share: Vodacom vs MTN vs Cell C vs Telkom (Nov 2015)

 

[ToxicBunny]

25.1% of ZA mobile subscriber market can hardly be considered a "little bit"
See business tech article:
SA mobile market share: Vodacom vs MTN vs Cell C vs Telkom (Nov 2015)
View attachment 418154

The problem is a large portion of their market share is prepaid, which are multi-operator type people and have sims for all the operators and recharge whichever one gives them the best experience and value.

 

[blowdart18]

Their JSE listing would bring in some much needed money for the company but I think that whole band wagon was based on their Blue Label deal.

 

[supersunbird]

To be fair, Cell C was greatly hampered for a long time by the abusive call termination fees that Vodacom and MTN raised just when they became active.

And the stupid no-one-needs-3G CEO didn't help them capture the data market...

 

[Superjakes]

Their JSE listing would bring in some much needed money for the company but I think that whole band wagon was based on their Blue Label deal.

Would you buy shares if they were JSE listed?

 

[CellBel]

one analyst's opinion. i would wait and see how it plays out.

Yes same here.

 

[Coasti]

one analyst's opinion. i would wait and see how it plays out.

At least he has not changed his view's on this since 2014.

 

[Polymathic]

Does Cell C actually own any of their towers? I seem to remember a story a while back about them selling their towers to a foreign company

 

[Creag]

To be fair, Cell C was greatly hampered for a long time by the abusive call termination fees that Vodacom and MTN raised just when they became active.

And the stupid no-one-needs-3G CEO didn't help them capture the data market...

Now that you have said it, I am sure they'll be launching a lawsuit for compensation.

Would you buy shares if they were JSE listed?

Nope. Definitely not. Then again, do you have spare cash that you are willing to gamble with? Not too dissimilar to buying resources at the mo. If it is for the sake of investment, this would probably be on high risk side of a shot in the dark.

 

[Superjakes]

Does Cell C actually own any of their towers? I seem to remember a story a while back about them selling their towers to a foreign company

That's actually quite a common practice in the industry. They radio equipment belongs to the operator but the towers, generators and containers belong to an infrastructure company.

 

[Thor]

Does not take a educated analyst to tell you that

 

[Insint]

A while back a "analyst" said Cell C would be dead in six months. Their still here.

I actually found the article.

https://mybroadband.co.za/news/cellular/84719-cell-c-will-be-dead-within-6-months-analyst.html

 

[Superjakes]

A while back a "analyst" said Cell C would be dead in six months. Their still here.

I actually found the article.

https://mybroadband.co.za/news/cellular/84719-cell-c-will-be-dead-within-6-months-analyst.html

He must feel like such an idiot now, seeing Cell C thriving like it is...

 

[Thor]

A while back a "analyst" said Cell C would be dead in six months. Their still here.

I actually found the article.

https://mybroadband.co.za/news/cellular/84719-cell-c-will-be-dead-within-6-months-analyst.html

@Mybb how about doing a follow up article with this guy.


“Cell C will be dead within 6 months. Listen to me now – they are under such pressure that they basically decimated their own business chasing market share,” said Theron.

 

[lexis]

I am staying put. CellC as long as there is signal.

 

[backstreetboy]

Vodacom and MTN can suck a tailpipe. Still happy with me and you mobile.

 

[d0b33]

Well... the prepaid giga packages is just what I need ATM.

Also, happy with the speeds here...

much better than Telkom which fails each day.