Cell C's ratings drop

Hopefully Neotel will learn from the "imminent" demise of Cell C. You have to compete on price.
 
They have to pay R1.42 interconnect on all calls to other networks which means approx. 90% of their calls are made with very poor margin. Vodacom made a net profit of R2Billion from interconnect alone - Cell C contributed a fair bit to that - so that's where their profits are going - to the competition - great system, if you are market leader.....
 
All the good staff have left, it can only get worse.
 
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