BRIEF-Cell C FY Net Loss After Tax Widens

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BRIEF-Cell C FY Net Loss After Tax Widens
Credit: © Reuters.

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 BILLION RAND VERSUS LOSS OF 4.09 BILLION RAND

* CELL C - FY AVERAGE REVENUE PER PREPAID CUSTOMER (ARPU) HAS INCREASED BY 28% ON A YEAR-ON-YEAR BASIS

* CELL C - FIXED AND INTANGIBLE ASSETS DECREASED SIGNIFICANTLY AS A RESULT OF THE IMPAIRMENT OF R5-BILLION IN FY20 Further company coverage: BLUJ.J

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