Cell C is insolvent

Bradley Prior

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Cell C is insolvent
Cell C released its latest financial results this week, which revealed that the mobile operator remains hopelessly insolvent despite the recapitalisation in September 2022.
 
I still don't understand how they have managed to keep operating all these years.
 
Didnt they recently say they dont want prepaid customers on their network... ok then
 
Because they got into bed with ZTE/China… That is the modus operandi of China.
 
From an outsider's perspective, how are they allowed to do business? WTH would you pump in cash?
 
The fact that they hide discounted data deals on their website is one of the reasons why they don't make money. Some data deals are more expensive than other networks and their network performance and reception has gotten worse.
Nah.. They don't make money cos they're shyte and made fscking stupid business decisions.
 
Your connections drop like flies and break up like an ANC congress and people are going to throw the sim card away and get a red or yellow or blue one.
 
Been using them for almost ten years now. Their prepaid long-term data deals are pretty good.
 
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