Cell C appoints Craigie Stevenson CEO, extends MTN roaming deal
A busy day at Cell C as it appoints Douglas Craigie Stevenson as its permanent CEO, while extending its roaming deal with MTN.
Mixed reaction as telcos ponder new spectrum directive
Most mobile operators believe the new spectrum allocation policy is a positive development, while analysts express concern at the continued focus on the WOAN.
BEE group wants Blue Label investigated for monopoly
An empowerment consortium claims the JSE-listed company has the prepaid airtime market monopoly and demands an immediate resolution.
Cell C boss pursues recapitalisation, freezes jobs, reviews contracts
Shareholder Blue Label’s shares tumble in morning trade as Cell C interim CEO Douglas Craigie Stevenson issues an unflattering open letter outlining the company’s challenges.
MTN, Sanlam insurtech partnership may face stumbling blocks
The companies will have to overcome hindrances such as the lack of disposable income and insurance culture in Africa, say analysts.
Consolidate or get new equity funding, analyst tells Cell C
Without a fresh capital injection, coupled with a challenging South African market, Cell C sees its second rating agency downgrade of the year.
Afrihost’s Air Mobile may induce customer churn, say analysts
Analysts believe if Afrihost sorts out availability issues, its new offering can disrupt the local mobile data market.