Tag: Cell C

Cell C CEO Jorge Mendes
ExecutivesHot News

Cell C CEO Jorge Mendes buys $1.28 million in shares, lifting stake to $12.5 million

Cell C CEO Jorge Mendes has raised his direct holding to 8,442,187 shares valued at $12.53 million after completing a $1.28 million on-market purchase.

Omokolade Ajayi Omokolade Ajayi
Blu Label
TechnologyBusinessHot News

South Africa’s Blu Label rewards investors after Cell C market spinoff

Blu Label resumed dividend payouts and a share buyback after Cell C's JSE listing generated $169 million in cash, cutting debt to $292.2 million.

Omokolade Ajayi Omokolade Ajayi
Cell C Holdings Ltd.
TechnologyBusiness

Cell C in talks with Starlink, Amazon Leo to expand rural coverage     

Cell C satellite partnership talks with Starlink and Amazon Leo could expand mobile and broadband coverage across rural South Africa.

Timilehin Adejumobi Timilehin Adejumobi
Cell C Holdings Ltd.
Hot NewsBusiness

Cell C reports $260 million annual profit after JSE listing

Cell C’s annual profit jumped 87.65% to R4.16 billion after its JSE listing, supported by stronger revenue, subscribers and wholesale growth.

Feyisayo Ajayi Feyisayo Ajayi
Cell C Holdings Ltd.
BusinessHot News

Brett and Mark Levy’s Cell C rebounds above $537 million after shedding $92 million

Cell C rebounds above $537 million after a post-listing slump, as improving fundamentals meet lingering investor caution on the JSE.

Feyisayo Ajayi Feyisayo Ajayi
Cell C Holdings Ltd.
BusinessHot News

Brett and Mark Levy’s Cell C sheds $92 million 7 months post-listing on JSE

Cell C sheds $92 million in value seven months after JSE listing, as investor caution persists despite improving fundamentals.

Feyisayo Ajayi Feyisayo Ajayi