Cell C
11 Oct

Loss-making Cell C mulls asset sales

The mobile operator’s fibre-optic network and base of billed customers are up for grabs, according to a report.


Cell C open to negotiations amid talk of China Mobile interest

The mobile operator responds to speculation about China Mobile’s interest in the company.


JSE issues yet another threat to delist Blue Label

Operational challenges for Blue Label continue to mount as the company faces another suspension threat in the space of two weeks.

27 Sep

Cell C will be profitable, says CEO, rules out merger

Douglas Craigie Stevenson believes the telco still has a fighting chance to reverse its fortunes and says business rescue is unthinkable.

26 Sep

Cell C reports R8bn loss, drags down Blue Label

The mobile operator announces a multibillion-rand loss during the last financial year, negatively impacting its biggest shareholder.

Sep 20, 2019

Fresh blow for Cell C as shareholders re-evaluate positions

Cell C has once again been battered, after key shareholders wrote down their stakes in the telco to nothing.


JSE threatens Blue Label with suspension over delayed results

If the company fails to submit its provisional report on or before 30 September 2019, then its listing may be suspended, says JSE.

Sep 10, 2019

Cell C shareholder Net1 delays results

The company reschedules the release of its results, seeking clarifications in respect of the proposed transactions at Cell C.


More unhappy consumers porting their mobile numbers

Over eight million customers to date have switched network providers due to dissatisfaction with the service and finding better deals elsewhere.

Aug 30, 2019

Why Cell C ditched wholesale fixed-LTE business

The operator says the provision of wholesale LTE services was no longer profitable and impacted the quality of its network.

Aug 23, 2019

Cell C is technically insolvent, says analyst

Analysts begin to question whether Cell C, with a debt albatross of R6 billion, is a going concern or not.

Aug 23, 2019

Another blow for Cell C, downgraded for poor debt profile

This is the third time this year that S&P Global has downgraded Cell C for its poor debt profile.

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