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.
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.
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.
Blue Label expects earnings decline, delays financial results
Cell C’s majority shareholder expects headline and core headline earnings per share to decrease by more than 20%.
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.
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.