Tag: Cell C
JOHANNESBURG (Reuters) - South Africa’s Blue Label Telecoms said on Tuesday that Cell C, in which it is the largest shareholder, had defaulted on the payment of capital on its...
Joining CNBC Africa to discuss the mix of global and local market news is Mila Mfanyana, interim CEO and Head of Equities, Afena Capital.
Blue Label was once the darling of the JSE, but a bad investment in telecoms company Cell C has given Blue Label its first operating loss in 20 years of business. CNBC Africa's Kopano Gumbi spoke to joint CEO, Brett Levy.
With both Net1 & Blue Label impairing their Cell C investment to nil for their year ends, CNBC Africa’s Fifi Peters asked Henry Biddlecombe, an Analyst at Anchor Capital, whether he would be buying Blue Label?
Technology company Blue Label Telecoms has had a difficult year, with almost 30 per cent of its market value being wiped out in the first quarter. But Co-Founder and CEO Mark Levy, told CNBC Africa’s Kopano Gumbi why a bad share price doesn’t mean a bad business.
South African users of data packages will have to hold on a little longer as the independent communication authority of South Africa has extended the deadline for certain networks to implement the roll over data service. This service will enable data users to transfer unused from one month over to the next without worrying about data expiration. The deadline for the change of legislation was scheduled for today however the ICASA board has extended the deadline for certain networks. ICASA has extended the date for the implementation of the regulations to 12 April 2019.
Junaid Munshi, Chief Commercial Officer at Cell C joins CNBC Africa to touch on all things big and small shaping the new telecoms playground.