Is Cell C making money?

[rpm]

Is Cell C making money?

Its been nearly six months since an analyst criticized Cell C for decimating its own business case which, he claimed, would ultimately lead to its demise in 2014.

 

[Paul Hjul]

My gut is that without the CTR drops and big assymmetry Cell C would sooner or later be burning the furniture but at the time I think I said Theron is off the mark and it looks a lot more to be the case. A follow up in 6 months or when a buyout or what not happens would be interesting.