Cell C, South Africa’s long-struggling mobile telecommunications operator, has provided insight into its financial performance and promised significant improvements in the coming years following a strategic overhaul. “The company’s business stabilisation efforts are yielding improved results, positioning it to return to growth and enhanced competitiveness in the market,” it said in a statement on Monday. Cell...
The Sunday Times is reporting (paywall) that Cell C has failed to cough up the R288-million it owes communications regulator Icasa for its successful participation in last year’s spectrum auction. During the auction, held last March, Cell C successfully bid R288-million – the second least of all the operators participating – for a 10MHz sliver of spectrum in the...
Blue Label Telecoms, which is seeking control of Cell C, wants to bring in a new strategic investor into the mobile operator in which it currently holds a 49.5% stake. That’s according to Blue Label co-CEO Brett Levy, who was speaking to TechCentral in a wide-ranging interview on the TechCentral Show (TCS) published on Tuesday — watch or listen to it here....
Cell C CEO Jorge Mendes is working to bring the financially-constrained mobile operator back to profitability within 18 to 24 months, as it charts a path to a better future. The telco is creating a new growth strategy, as it looks to increase its market share in a tightly-contested market dominated by MTN and Vodacom....
Newly appointed Cell C CEO Jorge Mendes has no intention of starting a price war with his bigger rivals in the telecommunications industry. Mendes, who was speaking to journalists on Monday for the first time since his appointment, said: “Discounting for the sake of being cheaper is not where we want to be,” he said. Cell C may have...
South African telco Cell C has announced the completion of its network migration ahead of schedule. According to the company, this saw the South African mobile network operator deactivate its own physical tower and radio access network (RAN). By doing this, Cell C said it was able to migrate its prepaid and mobile virtual network...
Cell C has completed the migration of its network to partners MTN and Vodacom. This as the mobile operator moves to cut costs and compete more effectively in difficult market conditions. The network migration means Cell C customers now have access to about 14 000 mobile towers operated by its partners around South Africa. More than 12 000 of those...
As Jorge Mendes prepares to take control of Cell C, the new CEO faces an uphill battle in managing the debt-laden mobile operator. Cell C, which has financial constraints, recently completed a painstakingly-long cash-raising exercise led by the telco’s largest shareholder, Blue Label Telecoms, but is not out of the woods yet. In addition, the...
Douglas Craigie Stevenson, CEO of South Africa’s fourth mobile operator, Cell C, has resigned. Cell C’s biggest shareholder, Blue Label Telecoms, advised shareholders today of Craigie Stevenson’s departure, saying he will step down as CEO of the mobile operator, effective 31 March. Brett Copans has been appointed to lead the company as interim CEO and...
Four major mobile networks are battling it out for their place in the South African market — Vodacom, MTN, Telkom, and Cell C. According to their latest available results, these four networks had over 112 million active SIMs in the country. Two operators — Vodacom and MTN — have been around for almost three decades...
