BRIEF-Blue Label Telecoms Says Cell C's HY Normalised Earnings Showed 64% Improvement To R1.8-Bln

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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: R7.4-BILLION)

* CELL C EXPECTS OPERATING MARGINS TO IMPROVE OVER THE MEDIUM TERM AS THE BUSINESS TRANSITIONS TO ITS NEW BUSINESS MODEL

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