Analysts warn of Cell C strain due to prolonged recap deal
As the telco’s biggest shareholder renews its recapitalisation caution, industry watchers consider the impact of the prolonged refinancing discussions.
Cell C terminates services to Virgin Mobile users
The telco advises it will terminate the provision of network services to Virgin Mobile SA’s 15 000 subscribers this week.
Treasury unveils portal to measure damage from July riots
Government says the portal will be used to establish the extent of the damage, so that it can make more informed decisions on the support mechanisms.
FNB Connect outpaces telcos in satisfaction survey
Mobile telecoms customers are choosing to turn to trusted providers they already have a deep relationship with, says Consulta.
Ramaphosa to expedite SA Connect in broadband push
President Cyril Ramaphosa wants more people to participate in the ballooning digital economy, and pushes for the long-delayed project to be accelerated.
Cell C tightens screws after losing R130m through fraud
The company’s management implements a business turnaround plan that it says includes robust governance processes to improve fraud prevention.
Virgin Mobile to close shop in SA after 15 years
A combination of tough trading conditions, strong competition and the economic stress posed by COVID-19 means it has been a challenging market, says the MVNO.
Operators question ‘premature’ returning of temporary spectrum
Mobile operators call on the regulator to again extend the temporary spectrum allocation, as the country is still battling the COVID-19 pandemic.
Airtime purchase deal with Investec, First Rand to refinance Cell C
Blue Label Telecoms advises shareholders there is silver lining for Cell C, after the conclusion of an airtime purchase deal with Investec and First Rand Bank.
Standard Bank Mobile launches fixed LTE offerings
The mobile virtual network operator says it bases its packaged offers on an amount of data per month, including a router.
Cell C hunts for new wholesale business unit boss
The new candidate will replace the late Cell C chief executive for wholesale Björn Flormann, who passed on recently.