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4:40

FNB Connect awaits stability at Cell C to scale

The bank wants stability at the financially-constrained telco in order to fully grow its mobile virtual network business.

3:20

Blue Label back in the black as Cell C pain thaws

After the Cell C write-down, the company returns to profitability following two consecutive years of loss.

2:00

Blue Label to return to profitability after Cell C write-down

The company is expecting to return to profitability after writing down its shareholding in Cell C to nil.

4:50
Feb 6, 2020

Debt-ridden Cell C admits to ‘misguided strategy’

Improving Cell C’s liquidity and debt profile requires a complicated and delicate restructuring, says CEO Douglas Craigie Stevenson.

2:50
Jan 30, 2020

Financially-drained Cell C renews Sharks sponsorship

The telco’s announcement came less than 24 hours after it was disclosed it had missed payments on its loans for December and January.

4:50
Jan 29, 2020

Urgent cash injection needed as Cell C debt spirals out of control

Too many odds, including government policy and pricing structure, weigh against Cell C, placing its future in jeopardy, analysts say.

2:20

Blue Label Telecoms predicts earnings jump

The JSE-listed company expects its half-year results to show a considerable rise in earnings.

2:00
Nov 12, 2019

Debt-ridden Cell C in advanced talks with MTN

The troubled telco issues a statement following media speculation that it is a potential target of Telkom.

4:30

Levy brothers fall on sword for Cell C

The Blue Label joint-CEOs acknowledge their company has been under enormous pressure as a result of concerns regarding Cell C.

2:50
Oct 24, 2019

Board changes at Cell C

The mobile operator makes changes to its board, including the appointment of a new chairman and board member representatives.

5:00
Oct 8, 2019

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.

4:50
Sep 27, 2019

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.

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