Articles about Mark Levy

ITWeb TV: Blu Label targets lower Cell C shareholding

The majority shareholder in SA’s fourth-biggest mobile operator aims to reduce its stake to between 20% and 30% in the telco, which recently listed on the JSE.

Blu Label in AI offensive to gain insights

The company layers AI onto its data lakes to drive sales, improve customer experience and generate insurance leads.

Blu Label looks to recoup lost electricity revenue

The company pins future earnings growth on Cigicell’s revenue assurance model, which aims to help municipalities recover electricity revenue.

BLU pays first dividend in eight years after Cell C spin-out

Blu Label Unlimited declares an interim dividend of 43.56c for the six months to November, on the back of a solid financial position.

Blu Label subsidiary gets energy trading licence

BluEnergy has been granted a multi-year energy trading licence by the National Energy Regulator of South Africa.

PICS: Cell C lists on the JSE

A total of 4 000 Cell C shares changed hands at R27 each just minutes after the mobile operator’s shares debuted on the JSE.

Cell C set to pay dividends after listing

Now profitable, the mobile operator will pay dividends after the end of its financial year to May 2027.

Cell C listing to result in R2.4bn BEE deal

Concurrently with its listing, Cell C will put aside R2.4 billion for a broad-based black economic empowerment company.

Blue Label secures majority Cell C stake

Following the Competition Tribunal’s approval, Blue Label achieves its almost decade-long goal of securing a majority stake in Cell C.

Blue Label readies for Cell C listing to clear debt

The firm starts making plans to exit Cell C through a separate JSE listing, in a complex restructuring that could result in both companies being debt-free.

Blue Label Telecoms admits missteps in Cell C move

The company, rebranding to Blu Label Unlimited, acknowledges it failed in its initial execution of its R5.5 billion purchase of Cell C, but it was done for “all the right reasons”.

Blue Label readies Cell C to stand on its own merits

JSE-listed Blue Label Telecoms reaps financial benefit from its Cell C investment and commits to listing the operator to ensure its strength for the foreseeable future.