Blue Label Telecoms throws more money at Cell C
Blue Label has concluded a non-binding term sheet that they colourfully refer to as an Umbrella Restructure Term Sheet. I'm confident that neither Santam (JO:SNTJ) nor Rihanna were...
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BRIEF-Cell C FY Net Loss After Tax Widens
April 20 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* CELL C - TOTAL REVENUE FOR 12-MONTH PERIOD WAS DOWN BY 8% TO R13,8-BILLION (2019: R15,1-BILLION)* CELL C - FY NET LOSS AFTER TAX 5.51...
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BRIEF-Blue Label Telecoms HY Headline Earnings Of 40.96 Cents Per Share
Feb 26 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* JSE: BLU - UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 NOVEMBER 2020* HALF YEAR HEADLINE EARNINGS PER SHARE 0.4096 ZAR VERSUS 0.3998...
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BRIEF-Blue Label Telecoms Sees HY HEPS Of 40.16 Cents To 41.76 Cents
Feb 17 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* HALF YEAR CORE HEADLINE EARNINGS PER SHARE 0.3735 ZAR* BLUE LABEL TELECOMS - SEES HY HEADLINE EARNINGS PER SHARE 40.16 - 41.76 CENTS...
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South Africa's Cell C begins moving contract & broadband customers to Vodacom network
JOHANNESBURG, Jan 13 (Reuters) - South African mobile operator Cell C has begun moving its customers, starting with contract and broadband customers, on to rival Vodacom's VODJ.J network as...
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CORRECTED-UPDATE 1-South Africa's Cell C losses widen as hunts for profitable customers
(Corrects Oct.20 story to show that CEO's surname is Craigie Stevenson, not just Stevenson)JOHANNESBURG, Oct 20 (Reuters) - Cell C reported a 7.6 billion rand ($461 million) loss and saw...
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UPDATE 1-South Africa's Cell C losses widen as hunts for profitable customers
(Adds details)JOHANNESBURG, Oct 20 (Reuters) - Cell C reported a 7.6 billion rand ($461 million) loss and saw subscriber numbers tumble in the first half of the year as South Africa's...
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South Africa's Cell C posts $461 mln half-year loss
JOHANNESBURG, Oct 20 (Reuters) - South Africa's third biggest mobile operator Cell C reported a 7.6 billion rand ($460.67 million) loss for the six months to June, weighed down by once-off...
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BRIEF-Blue Label Telecoms Says Cell C's HY Normalised Earnings Showed 64% Improvement To R1.8-Bln
Oct 20 (Reuters) - Blue Label Telecoms Ltd BLUJ.J : * CELL C HY NORMALISED EARNINGS SHOWED 64% IMPROVEMENT TO R1.8-BILLION * CELL C'S OVERALL HY REVENUE WAS AT R6.9-BILLION (2019:...
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BRIEF-Blue Label Telecoms Says Disposal Of Blue Label’S 47.56% Interest In Blue Label Mexico
Sept 17 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* JSE: BLU - DISPOSAL OF BLUE LABEL'S 47.56% INTEREST IN BLUE LABEL MEXICO* BLUE LABEL TELECOMS LTD - AGREEMENT WAS CONCLUDED WHEREBY BLUE...
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UPDATE 1-South African rand dips on stronger dollar, stocks up
(Updates prices, stocks)JOHANNESBURG, Aug 27 (Reuters) - South Africa's rand weakened on Thursday as the dollar gained after the Federal Reserve said it would roll out an aggressive new...
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BRIEF-Blue Label Telecoms FY Headline Earnings Of 58.16 Cents Per Share
Aug 27 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* FY HEADLINE EARNINGS OF 58.16 CENTS PER SHARE* FY CORE HEADLINE EARNINGS OF 62.71 CENTS PER SHARE (2019: 304.77 CENTS LOSS PER SHARE)*...
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BRIEF-Blue Label Telecoms Sees FY Core HEPS 62.40 - 63.01 Cents
Aug 24 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* BLUE LABEL TELECOMS LTD - SEES FY CORE HEADLINE EARNINGS PER SHARE 62.40 - 63.01 CENTS
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UPDATE 1-South African mobile operator Cell C to close 128 stores, affecting 546 jobs
(Adds details)JOHANNESBURG, Aug 21 (Reuters) - South African mobile operator Cell C said on Friday it expects to close around 128 stores across the country, more than half of its retail...
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South Africa's mobile operator Cell C defaults on repayments on $184 mln bond
JOHANNESBURG, Aug 4 (Reuters) - South Africa's Blue Label Telecoms BLUJ.J said on Tuesday that Cell C, in which it is the largest shareholder, had defaulted on the payment of capital on its...
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BRIEF-Blue Label Telecoms Says Cell C Notifies Noteholders It Defaulted On Payment Of Capital On $184 Mln Note Due On Aug 2
Aug 4 (Reuters) - Blue Label Telecoms Ltd BLUJ.J : * CELL C NOTIFIED NOTEHOLDERS THAT IT HAS DEFAULTED ON PAYMENT OF CAPITAL ON ITS $184 MILLION NOTE WHICH WAS DUE ON 2 AUG...
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BRIEF-Blue Label Telecoms Sees FY Headline And Core HEPS To Increase By More Than 20%
July 6 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* BLUE LABEL TELECOMS LTD - HEADLINE AND CORE HEADLINE EARNINGS PER SHARE FOR FINANCIAL YEAR ENDED 31 MAY 2020 ARE EXPECTED TO INCREASE BY...
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UPDATE 1-South Africa's Cell C plans to lay off 960 workers as it streamlines operations
(Adds details)JOHANNESBURG, June 22 (Reuters) - South Africa's third-biggest telecom operator, Cell C, said on Monday it plans to lay off 960 workers as it restructures its operations to...
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South Africa's Cell C plans to lay off 960 workers as it streamlines operations
JOHANNESBURG, June 22 (Reuters) - South Africa's third-biggest telecom operator Cell C said on Monday it plans to lay off 960 workers as it restructures its operations to align the...
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South Africa's Cell C to split some assets into new special purpose vehicle -regulator
JOHANNESBURG, May 21 (Reuters) - South African telecoms company Cell C plans to hive off some assets into a new special purpose vehicle called Gatsby, the country's competition watchdog said...
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UPDATE 1-South Africa mobile operator Cell C finalises recapitalisation plan
(Adds context and background)JOHANNESBURG, May 20 (Reuters) - South Africa mobile operator Cell C said on Wednesday it had finalised a recapitalisation plan, which has been sent to the...
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South Africa's mobile operator Cell C finalises recapitalisation plan
JOHANNESBURG, May 20 (Reuters) - South Africa's mobile operator Cell C said on Wednesday it had finalised its recapitalisation plan, which has been sent to the Competition Commission for...
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BRIEF-Cell C Signs A Data Prices Agreement With Commission
April 14 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* S. AFRICA'S COMPETITION COMMISSION - CELL C SIGNS A DATA PRICES AGREEMENT WITH COMMISSION* COMPETITION COMMISSION - SIGNED MOA WITH...
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BRIEF-Blue Label Telecom HY Headline Earnings Of 39.98 Cents Per Share
Feb 28 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* SHORT-FORM REVIEWED RESULTS FOR THE HALF-YEAR ENDED 30 NOVEMBER 2019* HY INCREASE IN REVENUE OF 2% TO R11.5 BILLION* HY INCREASE IN GROSS...
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BRIEF-Blue Label Telecoms Says Expects HY Core HEPS Of 42.61 - 43.75 Cents
Feb 24 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* JSE: BLU - UPDATED TRADING STATEMENT FOR THE SIX MONTH PERIOD ENDED 30 NOVEMBER 2019* BLUE LABEL TELECOMS SEES HY CORE HEPS 42.61 - 43.75...
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BRIEF-Blue Label Telecoms Says All Suspensive Conditions On 3G Mobile's Handset Operations Sale Fulfilled
Feb 14 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* DISPOSAL BY BLUE LABEL OF ITS INTERESTS IN VAS OPERATIONS AND 3G HANDSET DISTRIBUTION* ALL SUSPENSIVE CONDITIONS ON 3G MOBILE'S...
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UPDATE 1-S.Africa's rand, bonds recover slightly from virus-related selloff
(Adds latest figures)JOHANNESBURG, Jan 28 (Reuters) - South Africa's rand clawed back losses on Tuesday, firming slightly alongside local bonds as a selloff triggered by the spread of...
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BRIEF-Blue Label Telecoms Says Cell C Defaulted On Payment Of Interest On Its $184 Mln Note Which Was Due In Dec 2019
Jan 28 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* JSE: BLU - NOTIFICATION: CELL C DEFAULT* BLUE LABEL TELECOMS LTD - CURRENTLY, NONE OF BILATERAL LOAN FACILITIES HAVE BEEN ACCELERATED*...
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BRIEF-Blue Label Telecoms Sees HY Headline And Core HEPS Improving By At Least 3.00 Cents And 2.28 Cents Respectively
Jan 23 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* JSE: BLU - INITIAL TRADING STATEMENT FOR THE SIX-MONTH PERIOD ENDED 30 NOVEMBER 2019* BLUE LABEL TELECOMS - SEES HY HEADLINE AND CORE...
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BRIEF-Blue Label Telecoms Says Banking Facilities Of R2.176 Bln Renewed
Nov 29 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* BLUE LABEL TELECOMS LTD - BANKING FACILITIES TOTALLING R2.176 BILLION HAVE BEEN SUCCESSFULLY RENEWED* BLUE LABEL TELECOMS LTD - BANKING...
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UPDATE 2-S.Africa's Telkom says Cell C has rejected takeover offer
(Adds Cell C comments)JOHANNESBURG, Nov 29 (Reuters) - South African telecoms company Telkom SA TKGJ.J said on Friday its takeover bid for Cell C had been rejected, a move that comes after...
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S.Africa's Telkom says Cell C has rejected takeover offer
JOHANNESBURG, Nov 29 (Reuters) - South African telecoms company Telkom SA TKGJ.J said on Friday the board of its larger but troubled rival Cell C had rejected its takeover bid."The Telkom...
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BRIEF-Blue Label Telecoms Says Cell C Signs Extended Roaming Deal With MTN South Africa
Nov 18 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* JSE: BLU - CELL C SIGNS EXTENDED ROAMING AGREEMENT WITH MTN (JO:MTNJ) SOUTH AFRICA AND WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT* BLUE LABEL...
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S.Africa's MTN, Cell C expand roaming agreement
JOHANNESBURG, Nov 18 (Reuters) - South African mobile operator MTN Group MTNJ.J said on Monday it signed an expanded roaming and services agreement with the country's third-biggest...
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UPDATE 1-South African rand jumps to 1-week high as trade hopes boost risk buying
(Adds latest prices)JOHANNESBURG, Nov 15 (Reuters) - South Africa's rand powered to its firmest all week against the dollar on Friday as risk appetite globally was lifted after a U.S....
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BRIEF-Blue Label Says Co Has Not Been Formally Apprised Of Any Of Details Regarding Telkom Proposal
Nov 15 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* BLUE LABEL TELECOMS - TELKOM SA SOC RELEASED CAUTIONARY ANNOUNCEMENT ADVISING TELKOM IS IN PRELIMINARY TALKS WITH CELL C REGARDING...
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UPDATE 1-S.Africa's Telkom in talks about possible takeover of Cell C
(Adds details, updates Blue Label response, shares)JOHANNESBURG, Nov 15 (Reuters) - South Africa's Telkom SA TKGJ.J said on Friday it was in talks about a potential takeover of Cell...
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S.Africa's Telkom says in takeover talks with Cell C
JOHANNESBURG, Nov 15 (Reuters) - South Africa's Telkom SA TKGJ.J said on Friday it is in talks over a potential takeover of Cell C, the country's third biggest mobile carrier...
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BRIEF-Blue Label Telecoms Says Talks Between Cell C, MTN Group For Extended National Roaming Agreement Progressing Well
Oct 31 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* TRANSACTION UPDATE* BUFFET TRANSACTION DEALING WITH RECAPITALISATION OF CELL C REMAINS ON TRACK* TALKS REGARDING TRANSACTION BETWEEN CELL...
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BRIEF-Blue Label Telecoms Announces Renewal Of Cautionary Announcement
Oct 28 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* JSE: BLU - RENEWAL OF CAUTIONARY ANNOUNCEMENT* BLUE LABEL TELECOMS - IMPLEMENTATION OF PROPOSED CELL C, MOBILE TELEPHONE NETWORKS DEAL...
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BRIEF-Blue Label Telecoms Announces Appointments To Board
Oct 24 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* JSE: BLU - CELL C LIMITED (“CELL C”) BOARD APPOINTMENTS* BLUE LABEL TELECOMS - JS VILAKAZI AND GD HARLOW HAVE BEEN APPOINTED TO BOARD OF...
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BRIEF-Blue Label Telecoms Says Legae Peresec (Pty) Now Holds 10.79% Stake
Oct 8 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* LEGAE PERESEC (PTY) INCREASED BENEFICIAL INTEREST IN SHARES OF COMPANY TO 10.79% OF TOTAL NUMBER OF SHARES IN ISSUE
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South Africa's Blue Label Telecoms under threat of listing suspension
JOHANNESBURG, Oct 1 (Reuters) - South Africa's Blue Label Telecoms BLUJ.J has failed to comply with Johannesburg Stock Exchange (JSE) requirements and is under threat of suspension and...
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BRIEF-Blue Label Telecoms FY Core Headline Loss Per Share 304.77 Cents
Sept 26 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* AUDITED RESULTS FOR THE YEAR ENDED 31 MAY 2019* FY HEADLINE LOSS OF 312.49 CENTS PER SHARE* FY CORE HEADLINE LOSS OF 304.77 CENTS PER...
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BRIEF-Blue Label Telecoms To Sell Interests In Blue Label Mobile Group To DNI
Sept 25 (Reuters) - Blue Label Telecoms Ltd BLUJ.J :* CATEGORY 1 TRANSACTION ANNOUNCEMENT RELATING TO THE DISPOSAL BY BLUE LABEL OF IT'S INTEREST IN VAS OPERATIONS AND 3G* CO TO SELL...
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UPDATE 1-S.Africa's debt-ridden Cell C worthless, biggest shareholders say
(Adds Cell C comment)JOHANNESBURG, Sept 19 (Reuters) - Payments company Net1 UEPS Technologies UEPS.O said on Thursday it had written down to zero the value of its stake in South...
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