The AI-driven tech will enable Cell C to seamlessly transfer customers from Vodacom to MTN and back again.
Following the Competition Tribunal’s approval, Blue Label achieves its almost decade-long goal of securing a majority stake in Cell C.
Blue Label reveals plan to repay R175m Cell C debt
In this week's tech news roundup, JSE-listed Blue Label Telecoms has committed to settle Cell C’s debt amounting to R175 million by December 2026. Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #newsvideo #Wireless #RetailTechnology News Links: https://www.itweb.co.za/article/information-regulator-fears-replacement-by-cyber-commissioner/KA3Ww7dzKlQqrydZ https://www.itweb.co.za/article/sas-network-rankings-speed-ahead-of-african-peers/WnpNgM21kKj7VrGd https://www.itweb.co.za/article/new-sapo-law-to-potentially-increase-cost-of-e-commerce-deliveries/kYbe97XbK9bqAWpG https://www.itweb.co.za/article/itweb-tv-childrens-rights-must-extend-to-digital-world/VgZey7JlwbGqdjX9 https://www.itweb.co.za/article/blue-label-reveals-plan-to-repay-r175m-cell-c-debt/8OKdWqDXw4DqbznQ
The financially-troubled mobile operator says it has a zero-tolerance policy towards illegal or unethical activity and will not hesitate to act on evidence.
The union wants communications minister Stella Ndabeni-Abrahams to use her telecoms oversight role to help save jobs at the telco.
The court throws out the interdict application by the union, paving the way for the mobile operator to continue with its restructuring process.
The telco notifies its noteholders that it has defaulted on the payment of capital on its $184 million note which was due on 2 August.
Due to the uncertainty of the COVID-19 pandemic, the JSE-listed group opted to close its retail division that operated inside Edcon stores.
The debt-laden telco misses December interest payment on a $184 million loan, as well as capital plus interest payments on loan facilities
The troubled telco issues a statement following media speculation that it is a potential target of Telkom.
Operational challenges for Blue Label continue to mount as the company faces another suspension threat in the space of two weeks.
The mobile operator announces a multibillion-rand loss during the last financial year, negatively impacting its biggest shareholder.
Cell C has once again been battered, after key shareholders wrote down their stakes in the telco to nothing.