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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.


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.


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.

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.

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.

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.


Blue Label Telecoms predicts earnings jump

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

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.


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.

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.

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.

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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