Blue Label Telecoms, which is seeking control of Cell C, plans to bring in a new strategic investor into the mobile operator.
Browsing: Brett Levy
Blue Label co-CEOs Brett and Mark Levy unpack their strategic plans in an exclusive interview with the TechCentral Show.
JSE-listed Blue Label Telecoms seems like a great business on paper. So, why have investors dumped its shares?
Blue Label Telecoms has agreed to acquire control of Cell C, taking its shareholding beyond 50%.
Newly appointed Cell C CEO Jorge Mendes has no intention of starting a price war with his bigger rivals in telecoms.
Blue Label Telecoms, which owns about 49.5% of Cell C, looks set to make an offer to take control of the company in the coming months.
Blue Label Telecoms, the largest shareholder in Cell C, may seek to buy a majority and controlling stake in the mobile operator.
In a surprise move, JSE-listed Blue Label Telecoms has called a meeting to update investors on “key business developments”.
JSE-listed Blue Label Telecoms on Thursday reported robust full-year results, with a big expansion in gross profit margin.
Blue Label Telecoms’ co-CEOs Mark and Brett Levy have expressed their frustration that investors continue to punish Blue Label for their Cell C deal, despite the solid performance of the group in recent years.