{"id":202640,"date":"2017-03-14T17:40:45","date_gmt":"2017-03-14T15:40:45","guid":{"rendered":"http:\/\/mybroadband.co.za\/news\/?p=202640"},"modified":"2017-06-08T10:03:35","modified_gmt":"2017-06-08T08:03:35","slug":"cell-cs-huge-subscriber-growth","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/cellular\/202640-cell-cs-huge-subscriber-growth.html","title":{"rendered":"Cell C\u2019s huge subscriber growth"},"content":{"rendered":"

Cell C\u2019s subscriber base has grown 20% over the past year, the company announced as part of its financial year end 31 December 2016 results.<\/p>\n

At the end of 2015, the network had 12.8 million subscribers. By the end of 2016, Cell C\u2019s subscriber base stood at\u00a015.3 million.<\/p>\n

The subscriber growth went hand in hand with a significant growth in active data customers and data revenue during the year, which helped swing Cell C from a net loss to a net profit.<\/p>\n

Cell C CEO Jose Dos Santos said the improvement from a R5.644 billion loss in 2015 to a R540 million profit in 2016 was mainly due to foreign exchange factors.<\/p>\n

As the rand strengthened during 2016, Cell C\u2019s R20 billion in foreign debt and the interest on that debt effectively decreased.<\/p>\n

The table below summarises Cell C\u2019s subscriber growth over its past financial year.<\/p>\n

\n
\n\n\n\n\n\n
Subscribers<\/th>\n2016<\/th>\n2015<\/th>\nVar<\/th>\nVar%<\/th>\n<\/tr>\n<\/thead>\n
Active Subscribers<\/strong><\/td>\n15.3 million<\/td>\n12.8 million<\/td>\n+2.5 million<\/td>\n20%<\/td>\n<\/tr>\n
Active Data Subscribers<\/strong><\/td>\n12.5 million<\/td>\n10.2 million<\/td>\n+2.3 million<\/td>\n23%<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

Now read: Cell C\u2019s impressive network growth<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"

Cell C\u2019s subscriber base has grown 20% over its past financial year.<\/p>\n","protected":false},"author":15,"featured_media":148439,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[41906,14],"tags":[355,35,16074],"class_list":["post-202640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-telecoms","category-cellular","tag-cell-c","tag-headline","tag-jose-dos-santos"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/202640"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=202640"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/202640\/revisions"}],"predecessor-version":[{"id":202764,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/202640\/revisions\/202764"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/148439"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=202640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=202640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=202640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}